Having applied for a loan, the borrower can hear from the bank representatives a refusal to issue funds. Quite often, this is due to the fact that a person has a faulty credit history, and financial institutions consider the risks of non-repayment of a loan to be very high. To avoid such unexpected troubles, you need to know your credit history in advance, and if it is positive, then go to the bank with peace of mind.
Credit history and its structure
A database on a specific borrower containing detailed information about obligations and their performance under existing loan agreements is called a credit history. It is legally established that every borrower has the right to find out his credit history for free, after going through a series of procedures.
The credit history, with the consent of the borrower, is transferred to the credit bureau and is stored there for up to 15 years from the moment when the last entry was made in it.
A credit history is a document that includes the following sections:
1. personal data - identification information about the recipient of the loan. For an individual, this is a surname with a given name and patronymic, passport data, marital status, place of work, existing education. For organizations, the main data is the name of the legal entity, its USRN, TIN, types of activities, etc.
2. The main part includes information about the type of loan, the amount, interest calculation, timely or late payments, as well as the availability of an open loan and current debt.
3. the additional part contains non-public information about all creditors with whom the borrower had a contractual relationship.
The credit history does not indicate data on the property of the borrower, its acquisitions, as well as personal additional information.
To find out your credit history for free, you may need a credit history subject code.
How to find out your credit history online
To find out your credit history for free online, you need to go to the official Internet resource of the Bank of Russia and go to the "Credit Histories" tab. On the page that opens, fill out the proposed form, indicating in it your code of the subject of credit history and the email address to which the Central Catalog of Credit Histories will send a response.
How to find out your credit history at a credit bureau
You can find out about your credit history for free at the Credit Bureau. It should be noted that the borrower can make a request for free only once a year. The following unlimited number of requests are serviced for a set fee.
Credit history information can be provided in electronic or written form in several ways, for which it is necessary:
- send to the address of the credit bureau a notarized application for obtaining information on credit history;
- send a telegram to the bureau with the attached application;
- register online on the bureau's website, leave an application, and then contact the bureau's office for personal identification, or send a telegram (in this case, the applicant's signature is certified by the post office employee);
- personally visit the office of the Bureau of Credit Histories and pick up a credit report.
How to send a request through the post office to get a credit history
Another way that you can find out about your credit history for free is to send a request to the Credit History Bureau through the Russian Post. To do this, you should at the local post office, which provides telegraph services, fill out an application indicating personal identification data and an e-mail, which should receive a response from the catalog of credit histories.
If the data in the credit history does not correspond to reality, then this information can be disputed. The credit bureau can update history if it agrees with the arguments of the borrower, or leaves everything as it is, which entails filing a lawsuit.
