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Findeks Credit Rating


Findeks Credit Rating

Findeks Credit Rating has served as an important reference guide for banks in their lending decisions for many years. As is a financial report card, it is used by other financial institutions besides banks, as well as real sector and individuals.

Findeks Credit Rating functions as a summary of the Risk Report that indicates repayment habits of participants in the banking system. Through detailed information, the report offers an assessment of debtor repayment habits, and provides an idea of whether they will fulfill their payment commitments.

Credit ratings generated by credit bureaus differ from models developed by institutions specifically for their own portfolios, in that credit ratings reflect the profile of borrowers on a nation-wide basis. A key benefit of credit ratings is that they offer a comparative risk level of individuals against the country average.

Institutions that are looking to enter into a debtor-creditor relationship are able to benefit from Findeks Credit Rating at all stages of the transaction from customer management to debt collection.

Findeks Credit Rating is calculated based on these five categories:

Credit Product Repayments (35%),

Current Accounts and Debts (35%),

Loan Usage Intensity (10%),

New Loans Taken (11%),

Other Factors (9%).

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Who Can Use It?

Individual and organizational Findeks users may request Findeks Credit Rating. Through Findeks, individuals may check their credit rating, as well as that of third parties after receiving their consent via the system.