The Sovcombank began to apply "Base of mortgage cars" of NBKI

The Sovcombank joined "Base of mortgage cars and other personal estate" of the National Bureau of Credit Histories (NBCH). In addition to transfer to base of data on vehicles, Sovcombank also uses data from it at decision making about issue of car loans, reported on July 16, 2018 in NBKI.

As of July, 2018, the base has about 2.5 million cars which are in pledge on car loans. It contains the identification number of the vehicle (VIN) or, in case of its absence, the passport number of the vehicle (PTS) and also information on end date of pledge.

Check of NBKI base remains almost only way to secure itself against purchase of the car which is in pledge — the CEO of NBKI Alexander Vikulin noted. — Thus, use of NBKI base reduces risks for buyers and helps formation of the civilized market of cars with a run. The technological effectiveness of base and convenience of its integration into banking systems allows to increase constantly the number of the creditors transferring data on mortgage cars to NBKI and, respectively, number of the vehicles which are in base. Finally, it will help to reduce fraud cases with the mortgage cars sold in secondary market and to minimize losses of creditors and motorists from such criminal schemes.