Did you know that banks do not even give credit to people with a clean registry? Your credit score will be very low when you do not make any transactions or spend any other expenses on your account.
There are tricks rather than the documents required to take credit and issue cards from banks. We wanted to elaborate on the reasons for not giving credit to the clean registry.
What Should Be Done When There Is No Record Of Debt To Any Bank And No Delay Or Follow-up?
Although the reasons for the wrong registration are very wide, they are much less common than in the past.
If you are sure that you have not had a problematic credit record in the past if you have noticed that a wrong record has been created regarding the name similarity or debt that is not on your behalf due to various reasons.
You should submit this request to the institution you applied to the loan application for information about the problematic record.
Through a special system called the customer objection assessment system (MİDES), it will inform you as soon as possible by learning the reality of the problem record from the member of the Good Finance Information (GFI), which has opened the record.
Thanks to this system, if it is understood that there is a mistake in the information contained in your record or a problem record belonging to someone else due to the similarity of the name, the correction to be done will be corrected as soon as possible by the Good Finance Information (GFI) member institution that has opened these records for sharing. and your loan application will be reconsidered.
Good Finance Information (GFI) members are not authorized to make any changes or comments on the information they share. Therefore, if there is no wrong registration, it will never be possible to delete your registration from the blacklist.
What Is The Reason For Not Getting A Loan After Closing The Bank Debt?
There is no legal regulation on the subject. Although there is a change in banks’ credit policies in certain periods, the records of which the payment is over and the follow-up process about which is completed are deleted at the end of 5 years.
In a non-paid follow-up, the law of obligations comes into play and there is a 10- year time-out.
However, the fact that you have been deleted from the blacklist (GFI and Good Finance lists) after 5 years does not mean that the banks will give you credit in our new applications. The Bank has the right to give credit by using its own records within the framework of the loan usage policies.
How long is the blacklist timeout period?
Delayed records are reviewed 12 months retrospectively. There is a 5-year period for the records that have been included in the Black List and then the payment has been completed and the debt has ended. The timeout is 10 years for records that have never been paid.
What Should Borrowers Who Entered the Black List in the Past and Fully Paid Their Debt?
First of all, you should establish a deposit relationship instead of a loan relationship with the banks, it helps you to establish a communication with the banks and employees to whom the loan request / will be made. Take care to use the bank’s non-credit products (such as deposit, investment account, automatic bill payment order, etc.).
After the established relations, customers requesting credit should personally request their credit or credit card from the bank, with documents indicating that your past track records have been deleted between 3-6 months.
Never forget that your credit rating will decrease in every query you make from banks to attract credit. Avoid unnecessary queries and keep good with banks.
Making regular purchases and payments by credit card means paying all of the extra credits regularly, adding new points to your name.