BIK assessment. – Applying for a loan or even a revolving debitOn December 21, 2019 by Rosalia Hampton
BIK, or Credit Information Bureau, is a word that sounds dangerous to many people. However, this should not be the case. Credit information bureau receives information about anyone who has taken out a loan or a loan. These data form the basis of our credit history, which is checked by credit institutions before providing financial support.
First – check in BIK
When applying for a loan or even a revolving debit, banks often check the credit history of their clients. BIK, the Credit Information Bureau, gives them such an opportunity. These types of actions allow you to refuse to grant further loans to people who do not pay them back. These types of activities also secure people who would like to take another loan.
Credit scoring, i.e. point assessment
When checking the credit history of a given client, banks also use the so-called scoring technique. Scoring BIK is a point evaluation. Based on the points, the credit history of the customer is assessed, who either qualifies for the next loan or, unfortunately, will not be able to take it.
In BIK, you can also check your credit history, and even whether a given commitment was regularly paid. In practice, in BIK you can see individual repayment obligations in a timely manner, as well as those that were, for example, delayed. All this information is extremely useful.
When can you get to the Credit Information Bureau?
This question is probably the most frequently asked many people. It should be remembered that BIK is not the National Debtors List, so getting there is not a problem. Every loan and borrower goes to the databases. Together with information on the regularity of repaid financial obligations. The problem begins when we are overdue. Then we were on the credit bureau databases for several years. These data make it easier to check the credibility of people applying for a loan.
If you have a negative credit history and the bank does not want to grant you a loan, use the payday loans offer without BIK.