I tell you a little what this means: when you acquire a line of credit from a company that is regulated by the BCR, the relationship you have with that company and with the other organizations with which you operate , is informed to that entity and this is forming your credit history or also called scoring.
Did you know that from now on with Speedy Loan you can build your credit history?
The scoring imagine that it is your score as a client of financial, non-financial or banking entities. It is what verifies each entity to which you make an order, to see if it is possible to grant you the credit line or not. This is going to form your behavior as a payer, so it will always be convenient for you not to have arrears.
As you will know when granting online I am not as demanding as any bank or financial entity. I always choose to trust and create a loan opportunity for everyone. If you could never get any loan or credit card just because you don’t have a credit history, don’t worry!
Speedy Loan being a non-financial credit provider entity is regulated by the BCR, so I have obligations and rules to comply with. You can verify it by clicking here.
One of the regulations that I have to comply with is to inform this entity of all the clients that use any of my services, either of loans or payment of services, since a line of credit is acquired.
Among the clients that I notify are the negatives, which are those that did not pay in time and form and on the other hand the positives, which are those that fulfilled the payment on time and will be able to continue operating with me without problems.
The latter are the ones that have the most benefits for the following reasons:
– I’m going to trust more and more and the credit limit will increase.
– Your credit history will add positive points.
– Other financial or banking entities will also trust you for your scoring.
When you apply for a personal loan or pay a bill, it will have an expiration date
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In order for your history to grow positively you should always respect this expiration date, which is the first business day of each month.
Anyway, as I know that not everyone charges the first business day, I extend the deadline until the 10th of each month. As you make more orders and pay them on time and form your socring will rise more and more.
What are you waiting for? You can ask me up to $ 20,000 in 3 installments.