What are credit bureau registers and why consult them
Are you going to apply for a loan and want to check your credit position? In this article, we will see how to submit a credit bureau data request to obtain a credit card certificate.
The credit bureau is one of the main risk centers in Italy. In its databases are kept all the information relating to the subjects who have requested and / or obtained loans and financing. Unlike what many think, in fact, the credit bureau archives contain not only the data relating to the loans repaid late, but also to those that do not present irregularities.
The data stored in the credit bureau databases are important because they represent the starting point for banks and financial companies in the evaluation of potential customers. In other words, when a subject submits a loan application, before deciding whether to grant the loan, the lender consults the credit bureau. If the applicant is reported as a bad payer, he will hardly get funding.
Without this premise, let’s see in detail how to forward a request to credit bureau to receive the certificate relating to your credit position.
How to send a credit bureau request
Those who wish to send a certificate search to credit bureau can do it directly online. In fact, on the official website of the company there is the form to be used for the request, which must be printed and completed in every part.
The certificate of inspection can be sent to credit bureau online or by ordinary mail. In any case, some documents will be required to be attached to the application. All contact details to be used are indicated on the company portal.
As for the costs to be incurred, these vary depending on whether the company detects information on the applicant’s account or not. If there is information in the credit bureau databases the cost is 4 USD, otherwise you will have to pay 10 USD. The amount to be paid is communicated in the reply letter and is inclusive of VAT.
In any case, the taxpayer receives the reply within 15 days from the date of receipt of the credit bureau data request. The documentation that will be forwarded will exclusively relate to the credit history of the subject and may also include information that comes from Real Estate Advertising Offices.
We also remind you that once the credit bureau data request has been sent, the applicant can check its progress through the specific function on the credit bureau website. For the verification it is necessary to indicate your fiscal code and the file number.
How service credit bureau works
Recently credit bureau has implemented a new consumer service on its official website. The product is called service and allows faster access to its data in the credit bureau registers.
Unlike the standard search, which we have seen in the previous lines, service allows you to get an account of your credit situation in just 48 hours. Not only. The user can also obtain an estimate of their reliability.
In this way, the person who intends to apply for a loan will be able to know in advance how it will be assessed by banks and financial companies. As for the cost, it is significantly higher than the visure we have seen previously.