How long does it take to issue a credit decision for a customer?
For most customers, the decision is immediate; in some cases, it takes 1 business day.
Which credit bureaus does UniCredit use to verify customers?
BIK, BIG, KRD, and ERIF.
How long does a customer have to accept a loan offer?
The offer is valid for 14 days.
How quickly will the funds be transferred to the customer after a positive credit decision?
UniCredit sends the money without delay; receipt of the funds depends on the customer’s bank and the banking session. This information is provided during the application process.
How does the customer’s credit history affect the credit decision?
A history of timely repayment of loans and credits increases the chance of receiving a positive credit decision.
Does a customer with a negative credit history in BIK have a chance of receiving a loan?
Every customer’s BIK history is different, so we encourage to submit a loan application and receive a credit decision.
For what reasons might a customer be denied a loan?
There can be many reasons for denying a loan, but they are usually related to a lack of creditworthiness, delays in paying other obligations, or our credit policy.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article