Credit History and Credit Score

Credit History and Credit Score

The decision to grant a loan by the bank is made considering the customer's current credit history and the creditworthiness rating (score) established in the bank's scoring system.

What is a credit history?

Why is credit history important for the customer?

How to build a good credit history?

What to do if there are errors or deficiencies in the credit history?

What is a score?

Main factors affecting the score

Improvement of credit history and score

Dear customer,

Receiving a credit report from ACRA is free once a year:

You can obtain your credit report online from the ACRA website (www.acra.am) and check your credit behavior. If you notice errors, contact the lending organization to correct them.