Checking information at BIK before applying for a loan allows you to avoid a situation in which you have a negative history at BIK and you will not be able to get a loan. Then, applying for a loan is a waste of time and you have to decide to use other financial products such as loans provided without checking the information in BIK. At the same time, checking the information in the BIK allows scoring the scoring.
In addition to credit history, scoring is one of the most important elements related to the chances of getting a loan from a bank. The better the scoring is, of course, it is much easier to get the opportunity to borrow in the form of a loan. Good scoring is the possibility of easier access to credit products provided with minimal formalities. At the same time, good scoring is also a much better chance of borrowing much more money in the form of a loan. Checking the scoring in BIK is possible by getting access to BIK Pass, where you can get a creditworthiness certificate. This certificate must be generated via the BIK website, where after logging in to the customer’s account. At the same time, you can then export such a certificate in the form of a document that can be saved on your computer.
What does the scoring show?
Scoring is presented in the form of points and in the form of stars. The more stars or points, the much better the creditworthiness. Generally, in a longer period of time, the more credits are used, which are regularly repaid, the better the score. At the same time, as part of the certificate, you can also obtain information on liabilities during repayment as well as closed liabilities, i.e. those that have been repaid on time or have not been repaid on time. Of course, the more credits repaid on time, the better the scoring. However, every loan unpaid on time translates into a worsening of scoring. At the same time, it should be taken into account that the failure to pay only a single loan installment with a delay of a few days does not affect the scoring. The problem is the unpaid loan installments, which have gone into the form of debt collection.
Why is it worth taking care of the scoring?
It is very important to look after good creditworthiness in the long term. This is very important from the point of view of the possibility of using loans in the future. The more credits repaid on a regular basis, the better the scoring. Then you can not only count on the possibility of using loans offered with smaller formalities such as loans granted only through a bank account. You can also count on the fact that you will be able to obtain loans that are available on more favorable terms. This applies, among others, to mortgage loans where banks with better creditworthiness may offer significantly longer loan repayment periods, lower loan costs or, finally, larger amounts borrowed to clients.