What you need to know the borrower not to ruin credit history?

Each citizen who at least once applied to the financial organization for a loan, there is a personal credit history with a rating. It can be positive or negative. Negative history is often called «black», and it is quite difficult to get credit obligations with it. Each person has the right to know about the state of his credit history, and even take measures to improve it.

A direct impact on the formation of ki is provided by monthly payments. In order to prevent the worsening of credit history, the borrower must be in a timely manner of monthly payments in full, which are provided for by the loan agreement.

In some cases, technical delay associated with delaying money transfers and can be 2-3 days. That is why Bank employees advise the monthly payments 5 days before the deadline.

If the drawing occurred not by the fault of the borrower, then he should contact the nearest branch of the bank and understand the current situation. If you do everything promptly, the credit organization will not have time to transfer information to the credit bureau of credit stories, and the proceeding will not be fixed.

If the borrower foresides possible problems, it is better to immediately contact the lender to solve the problem.

If you have several existing loans, and you want to arrange another bank may take it quite suspiciously, and despite a good credit history — he will refuse you in lending. Since experts defined a certain indicator of the financial burden for the borrower. It is 40% of the total monthly earnings of the borrower. That is, only 40% of the salary you can spend on monthly cash deposit on credit obligations.

With the greatest trust, the lender refers to borrowers who had previously been issued a couple of loans and they were closed in a timely manner, without violations on monthly payments. The amount of lending does not matter, even if you made a refrigerator loan and paid 500 rubles per month.

If you are a guarantor, and the direct borrower refuses to pay arrears, and your credit history will be cleaned and yours. Lenders, in turn, will not be able to deal with what circumstances in your history marked the proceedings, but simply will answer the refusal of lending.

In rare cases, the credit history of the borrower becomes negative by the fault of the Bank’s employees who incorrectly filed your information to the Bureau of Credit Stories.

If you adhere to the above councils, they will help you avoid deterioration of credit history, which will further allow you to purchase a profitable credit.