How to check your credit history
Instruction from Octobank
How to check your credit history
Banks look at your credit history when deciding whether to approve a loan. If you have taken loans before and repaid them on time, that’s a plus. But if there were delays or outstanding debts, getting a new loan will be more difficult.
You build a good credit history yourself — through how you use your cards, repay loans, and manage your financial obligations.
“If you approach this wisely — don’t borrow more than you can repay, make payments on time, and stay in contact with the bank — you’ll have a better chance of getting a loan on favorable terms in the future.”