Check your Credit Score
Your credit score under control with Credial
When you apply for a loan, banks will evaluate your credit score.
At Credial, we believe it's important for you to understand this value and how to improve it.
What is my Credit Score or scoring?
It is a measure of your degree of ability to repay your loans
Swiss banks assess this ability and how you are likely to manage your finances based on statistical models.
These statistical models will use data from your credit application and data from financial databases, such as ZEK/IKO, Cresura, Intrum, Creditreform, CRIF, and others.
These companies monitor the regularity of your payments in order to establish an accurate assessment of your solvency.
In addition, Swiss banks generally develop their own credit models that are enriched by the payment history of their customers.
By combining this data with data provided by credit reporting agencies, banks can get a complete picture of an individual's creditworthiness and make informed decisions when it comes to extending credit.
It's a detailed assessment of your financial history, repayment habits, and overall creditworthiness.
It reflects your level of trust in the eyes of lenders and financial institutions.
The higher this score, the more likely it is that you will get favorable credit terms.
Conversely, a lower score may limit your borrowing options and lead to higher financial costs.
Why is a credit score important?
The Credit Score has a significant influence on your chances of getting a loan, leasing, and even the approval of your application for housing or employment.
Banks and lenders use it as a key metric to assess your financial trustworthiness.
A high score allows you to obtain better conditions and higher credit amounts.
How can Credial help me improve my Credit Score?
At Credial, we understand the importance of your Credit Score for the success of the financing of your project.
Our team of financial experts is there to guide you every step of the way:
- Personalized assessment
We start by carrying out a personalized evaluation of your credit data with ZEK and CRIF.
We review your credit history, financial history, and factors that influence your credit score.
- Tips and improvement strategies:
Based on our assessment, we provide you with personalized advice to improve your Credit Score.
We develop specific strategies to help you strengthen your financial credibility.
This may include recommendations for paying off debt and managing the payment of your credit terms more effectively.
At Credial, our goal is to help you regain control of your data and empower you to make informed financial decisions.
Do not hesitate to contact us today to start working on improving your Credit Score.