How to Check Your Credit History for Free.

Credit history has a special significance in the modern world. It affects how often a customer can count on credit funds. In this sense, it's important to know how to check your credit history. That is, how to check your credit history for free. 

Furthermore, it's important for all bank customers to understand how to check their credit history. Because this is useful information regarding the card or the account. Moreover, those who definitely want to take out a loan should know how to check their credit history. 

How can you quickly and freely check your credit history?

First, it should be noted that loans are no longer something complicated. They offer many opportunities, and overall the interest rates have become much more generous. That means, loans are useful tools that can be helpful for many. 

As for credit history, it is one of the key factors that banks and financial institutions use to make decisions about granting a loan. Essentially, it is the history of how the customer took out a loan and how they repaid it step-by-step and according to the rules. Knowing your own credit history is important for successfully planning your financial future. In 2024, there are several options in Ukraine to check your credit history for free. 

Credit history has long become an accessible instrument. Simply put, it is a report. It shows how the customer fulfills their financial obligations. 

Credit history consists of several parts: 

1. All information about loans, including the opening and closing of loans. 
2. It also includes information about late payments. 
3. Additionally, it includes information about guarantees and sureties.
4. In such a history, there might be judgments directly related to failures in tax payment. 

Credit history is created by credit bureaus based on data provided by banks, microcredit organizations, and other lenders. This history is very important for ongoing interaction with banks. 

Who needs a credit history? 

Credit history consists of many facts. But it's not easy to find the history. Here’s why credit history is really needed: 

1. To assess your creditworthiness. That means, credit history is necessary to know what chances there are for the approval of a new loan.
2. To prevent fraud. This means history allows you to discover loans you didn't apply for.
3. Through history, a mistake can also be corrected. Sometimes the data in history may be inaccurate.
4. Through credit history, you can plan your finances. That is, understand what needs improvement to increase creditworthiness. 

Credit history is an important and useful tool. 

How to check your credit history in Ukraine? 

According to Ukrainian law, every citizen has the right to request their credit history for free once a year. The first and simplest way is the Ukrainian Credit Bureau (UBKI). It is one of the largest credit bureaus in Ukraine. Here’s how: 

1. First, you need to register on the UBKI website. Create a personal account by providing your data (passport, tax ID). 
2. Then you can send the request for your credit history. In the "Credit History" section, select the option for free access. Confirm your identity with BankID or an electronic signature.

This method has its obvious advantages. It is a quick receipt of the report and the ability to request additional services such as monitoring.

The second option for accessing your credit history can be BankID. This is a remote identification system that allows access to state and financial services.

Here’s how it works:

1. Authorization via BankID. Go to the website of any credit bureau that supports BankID, select your bank from the list, and confirm the access to the data.
2. Receiving the report. After authorization, request your credit history.

This method also has its benefits. It is convenient to use. No documents to upload.

Another option can be Privat24. PrivatBank allows you to check your credit history through the mobile app or the web version of Privat24.

Here’s how to check your credit history: 

1. Log in to Privat24. Sign in to the app or website. Go to the "Services" section.
2. Request the credit history. Find the category "Credit Rating" or "Credit History". Follow the instructions to receive the report.

Some financial apps, such as Monobank or other bank applications, offer features to check credit rating.

Here’s how it works:

1. Install the application and register.
2. Find the section related to credit ratings.
3. Confirm your identity and request the report.

This method also has its advantages. Instant access to information and integration with other financial services.