Credit history is information about the use of credit funds for each citizen who applied to the bank. Thanks to this dossier, you can find out how the loan was repaid, if there is a debt to the bank, if so, in what amount. Before giving a new loan, financial institutions should
check the credit history of a potential borrower.
When do banks request a credit history?
In most cases, getting a loan without going through the verification process is completely impossible, especially when it comes to large loans such as mortgages. Therefore, it is necessary to responsibly approach credit obligations and pay on time. Due to timely payment, you save yourself from a "bad" credit history.
When applying for a loan, you must agree to a request for a personal file. A bank specialist will definitely study it and only after that will make a decision on the application left. If you want to familiarize yourself with your story before applying, there is a way through which you will learn how to check your credit history for free. To do this, at the time of application, you must write a written application to the head of the bank, in which to ask to familiarize yourself with your personal credit dossier. The bank does not have the right to refuse you, as it made a request to the credit bureau for making a decision. However, some banks do not check their credit history and set a high interest rate.
How to check your credit history yourself?
Today, everyone can check the credit dossier for free. To do this, visit the website of any bank or loan broker. If during the year there is still a need to check your history, you will need to pay about 500 rubles. For a fee, you can check at least once a day. Each request is paid separately.
Where can I check my credit history if I cannot request through a broker?
Before you receive the data of your dossier, you need to find out exactly where the credit history is stored. Information about the credit history bureau (BKI) can be found in the bank where the loan was issued. You can study the loan agreement, some lenders indicate the address of the BKI and personal identification code to obtain the necessary information.
If you know the address, you must first find out the reception time and go there with your passport at the indicated time. To check your credit history, you must write a statement stating your own request. Do not expect that the data will be provided to you within a few minutes, it will take several days to wait.
In the event that your office is located in another city, you must fill out an application and send it by mail with a notification. Within a month, an answer will surely come. Please note that if you have several loans, information can be stored in different bureaus. Therefore, if you want to check the credit history in each of them, you have the right to do it once a year for free.