---
title: Credit record
description: Funding info
---

[Skip to content](https://knowledge.fundsmart.co.za/credit-record#main-content)

[![african-bank-updated-logo](https://knowledge.fundsmart.co.za/hs-fs/hubfs/african-bank-updated-logo.png?width=156&height=50&name=african-bank-updated-logo.png)](https://africanbank-finfind-za-145870874.hs-sites-eu1.com/understanding-the-credit-record-system?hsLang=en)

Open main navigation

Close main navigation

 Need help understanding how business funding works?

- There are no suggestions because the search field is empty.

1. [Funding info](https://knowledge.fundsmart.co.za/?hsLang=en)
2. [Funding Glossary](https://knowledge.fundsmart.co.za/funding-glossary?hsLang=en)

# Credit record

This refers to a record where you are scored by a credit bureau on your credit history. Lenders use this information to decide how risky it is to lend money to you. The record has your personal data, a summary of credit history (the debts you have had and your payment history), detailed account information, any accounts that were unpaid or legal action taken against you, and the number of inquiries into your credit record.

- [Understanding business funding](https://knowledge.fundsmart.co.za/understanding-business-funding?hsLang=en#main-content)

    - [Challenges to accessing finance](https://knowledge.fundsmart.co.za/understanding-business-funding?hsLang=en#challenges-to-accessing-finance)
    - [Different funding needs](https://knowledge.fundsmart.co.za/understanding-business-funding?hsLang=en#different-funding-needs)
    - [Different types of funders](https://knowledge.fundsmart.co.za/understanding-business-funding?hsLang=en#different-types-of-funders)
    - [Different types of funding products](https://knowledge.fundsmart.co.za/understanding-business-funding?hsLang=en#different-types-of-funding-products)
    - [Credit scores and reports](https://knowledge.fundsmart.co.za/understanding-business-funding?hsLang=en#credit-scores-and-reports)
    - [Learn more](https://knowledge.fundsmart.co.za/understanding-business-funding?hsLang=en#learn-more)
- [Funding options for startups](https://knowledge.fundsmart.co.za/funding-options-for-startups?hsLang=en#main-content)

    - [Angel investors](https://knowledge.fundsmart.co.za/funding-options-for-startups?hsLang=en#angel-investors)
    - [Credit cards](https://knowledge.fundsmart.co.za/funding-options-for-startups?hsLang=en#credit-cards)
    - [Crowdfunding](https://knowledge.fundsmart.co.za/funding-options-for-startups?hsLang=en#crowdfunding)
    - [Family and friends](https://knowledge.fundsmart.co.za/funding-options-for-startups?hsLang=en#family-and-friends)
    - [Government funding](https://knowledge.fundsmart.co.za/funding-options-for-startups?hsLang=en#government-funding)
    - [Home loan](https://knowledge.fundsmart.co.za/funding-options-for-startups?hsLang=en#home-loan)
    - [Incubators and enterprise development programmes](https://knowledge.fundsmart.co.za/funding-options-for-startups?hsLang=en#incubators-and-enterprise-development-programmes)
    - [Overdrafts](https://knowledge.fundsmart.co.za/funding-options-for-startups?hsLang=en#overdrafts)
    - [Social enterprise funding/impact investing](https://knowledge.fundsmart.co.za/funding-options-for-startups?hsLang=en#social-enterprise-funding-impact-investing)
    - [Venture capitalists](https://knowledge.fundsmart.co.za/funding-options-for-startups?hsLang=en#venture-capitalists)
- [Funding Glossary](https://knowledge.fundsmart.co.za/funding-glossary?hsLang=en)

©Copyright 2026 African Bank. An authorized financial services and credit provider Reg No. 2014/176899/06 (NCRCP7638)