Credit Score Advice

The credit score is expressed in numbers and may range from 0 to 400. The credit score facilitates credit institutions to define how expectable timely repayment is in case of financing the loan. The credit score will help you to improve receipt of the credit services because the higher the score, the less is the likelihood of non-fulfillment of commitments by you.

It is explained in the Credit Report which events of the credit history significantly influence the credit score and rating.

What influences the credit score most of all?

The credit score is defined by significant factors such as volume of liabilities, length of credit history, frequency of use of bank products etc., however, the payment history influences your credit score and rating most of all because it shows how well you fulfill your commitments. In addition, credit history is a significant factor which shows how much time it took you to fulfill the commitments, when you had overdue loan or when a penalty was accrued on you.


What factors are reviewed by credit organizations from your Credit Report?

  • The volume of your liabilities;
  • How many unsecured credits you have;
  • How well you comply with the payment terms and conditions;
  • How often your report was inquired recently.

What else is paid attention to except the Credit Report?

In addition to the credit history, credit organizations view the source and amount of income.

Creditinfo Georgia - 2 iv.Tarkhnishvili str. 0179, Tbilisi, Georgia
(+995 32) 262 35 55
Developed by Obscural