BIK is short for Credit Information Bureau. It is worth remembering it once and for all. This knowledge is especially useful for people who intend to take credit soon. Are you wondering what affects the application being accepted or rejected? It should be emphasized that it is primarily a person’s creditworthiness. Banks use the information contained in BIK because they give a reliable picture of a specific client. What’s in the Credit Information Bureau ? Why should you regularly check the information available there?
Data in BIK
Information that is available in BIK says a lot about a specific person. It should be emphasized that they define to some extent a person’s creditworthiness and his approach to paying off his liabilities. It should be noted that the client image can be positive if all previous loans have been repaid on time. When does the neutral situation occur? Then, when a person simply has no credit history – he simply did not have to use loans so far. The worst is when the picture of credit history is negative. This applies to people who had, or still have, liabilities but did not pay them regularly. I don’t think anyone needs convincing that in such a situation it is difficult to count on getting a loan from a specific banking company. Representatives of this institution evaluate such a delinquent as a person who cannot be 100% trusted …
Why it is worth checking the information contained in the BIK
It is worth noting that many people systematically check the information contained in the Credit Information Bureau about themselves. This is a very good approach to the subject. Why? There are several aspects to this. It cannot be denied that thanks to this you can assess your credit history and thus realistically estimate your ability and chance to get a loan in a specific banking company. If you know that an institution is very restrictive in this respect, you will not waste time visiting a specific institution, etc. In addition, a not entirely positive picture can be improved. This will automatically increase your credit standing. You must be perfectly aware of this fact.
How else can you improve your credit history
Sometimes it happens that the data contained in the Credit Information Bureau is incorrect. Therefore, you can apply to a specific bank to correct such issues. There is no denying that this is also a chance to find out if someone has not taken out a loan for you. This is crucial above all for people who have had an episode in their past associated with a lost identity document.