Credit history

Credit history

Credit history is information that shows the fulfillment of obligations assumed by the subject of credit history under a loan agreement (loan) and includes information about: 
  • current debt obligations and the quality of their servicing;
  • service history of previously taken and closed loans;
  • history of credit history requests by users.

 Why it is important to know your credit history:

When refusing to issue a loan, banks are legally exempt from all explanations to borrowers of the reasons for refusing. However, they must provide the refusal reason to the credit history bureau. All information about the refusal to issue a loan may be found in the information part of the credit history.