Sberbank and the Joint Credit Bureau started Credit History service for users Sberbank Online

Sberbank together with the Joint Credit Bureau (JCB) started in the spring of 2016 service of providing credit reports through the web version of Sberbank Online Internet bank.

For obtaining the credit report to the client of Sberbank Online is enough to pass into appropriate section in a personal account Sberbank and to order the report which will be available right after payment.

"In the existing risk strategy of bank existence of positive credit history is one of key factors at making decision on issuance of credit. Borrowers with good financial reputation can expect not only more flexible terms for crediting, but also initially have more chances of receiving the credit – Alexander Vedyakhin, the senior vice president of Sberbank, the Chairman of the board of directors of the Joint Credit Bureau comments. – We consider very important to provide to our clients an opportunity to see itself eyes of the creditor and to estimate the chances before receiving the credit".

"Recently in Russia becomes much for transformation of credit history into "the financial passport" of the citizen which gives to fair borrowers a set of advantages. Now not only banks, but also insurance companies when calculating rates can request credit history, employers at employment or partners before cooperation, – Zelensky Daniel, the CEO of the Joint Credit Bureau comments. – Because of features of the legislation access for citizens to their credit history is integrated to certain difficulties now. Start of service will allow clients Sberbank Online instantly to receive credit history online. Since the moment of "pilot" start of service the credit stories already received five times more people, than for all 2015".

The credit report – the document reflecting a status of credit history. It contains detailed information on credit obligations of the client: to the flowing and closed credits and credit cards in different banks, to limits and credit periods, an unpaid balance and timeliness of introduction of payments. In the report it is also possible to look what organizations and when were interested in this credit history.

The report also includes personal credit rating which automatically forms on the basis of information from credit history in the form of point on a five-point scale. It is necessary to consider that each credit institution in own way treats the same credit history and makes the final decision proceeding from the credit strategy.

In the report ordered in Sberbank Online information of the Joint Credit Bureau is available. If the Credit History tab is absent at the user of Internet bank, it means that in base of the Joint Credit Bureau about the client there are no data.