DON’T DO DEBT
IF YOU’RE looking for a job and have debt, this can limit your chances of landing your dream position.
I recently applied for a job in retail, and when they told me I was one of the best candidates I was so excited. My excitement didn’t last long when I was told they would check my credit status. As a young unemployed person drowning in debt, this means I could miss out on a lot of opportunities, like buying a car, getting a home loan, etc, as is the case for many South Africans.
As we are nearing the festive season, many will be tempted to buy things on credit to impress friends and families – forgetting they’ll be left to pay their debt on their own. Be wise fellow young South Africans – it’s nice to spend money that isn’t yours, but it’s even harder to have to pay it back. Having a bad credit record is like having a criminal record, and many employers are very cautious about who they hire.
Resist the temptation to open that store account, especially if you aren’t working. DINEO MALULEKA, EMAIL