Why do you need a credit bureau?

Question

Fintech

I plan to write an article about the BCI.
I am collecting information that may be useful for people unfamiliar with BCI.
If you have any questions regarding the activities of the BCI, I will be very grateful to receive them.

Answer 1

BKI aggregates information about borrowers. In the future, it is used when correcting the borrower in another bank.

Answer 2

So that with the next loan you can more accurately predict whether it is a good lender.
For those who carefully pay on loans - in the future it is easier to get both for large amounts and for a lower percentage.
For those who do not pay accurately - more likely to be refused or a smaller amount or .. well, you understand?

Answer 3

I have a feeling that many do not look at credit history at all when they issue loans. At least not a single company from those that I chose here: zajmonline.com/zaimy-bez-otkaza has never refused me, and they were issued quite quickly. In general, it seems that credit history is relevant only for banks.