How we improve your creditworthiness in Poland: 3 institutions to which we pass information on the reliability of the client

Repayment of a loan on time has a positive effect on your creditworthiness, and thus on the likelihood of obtaining another loan, mortgage, loan from any financial institution in Poland.

 

Like paying back a loan at Infant Phenomenon   affects your credit history:

We provide data on the timely repayment of the loan to BIK

We provide data on the timely repayment of the loan to BIK – Credit Information Bureau, which contains information about all credit histories of Polish citizens.

Information about the credit history in BIK changes within 7 days after receiving new data: submitting the application, granting the loan, making the payment, closing the loan or its expiry. Learn more about how Infant Phenomenon loans help improve BIK credit scores.

 

We provide data on timely repayment to the KRD

We provide data on timely debt repayment to KRD – National Debt Register. Information on debtors is transferred to the KRD database by entrepreneurs from all sectors of the economy, regardless of the size and legal form of the company, as well as persons and institutions.

Information on borrowers from KRD is provided at the request of any financial institution. The credit rating in KRD has a significant impact on the probability of obtaining a mortgage or loan in the future.

 

We provide information on loan repayment to InfoMonitor SA on time

We provide information on loan repayment to InfoMonitor SA on time – an economic information office that receives, processes and broadcasts information on arrears of natural persons and legal entities, submits a list of debtors, is a platform for exchanging information between the banking and other economic sectors.

Every 2 minutes a financial institution in Poland asks InfoMonitor about the client, based on which it will be decided to grant a loan or credit.

As you can see, the timely repayment of the loan at Infant Phenomenon guarantees an increase in the credit ranking in several offices at the same time – BIK, KRD, InfoMonitor. Your reputation in these databases has a direct impact on the probability of getting a quick loan in the future.

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