Notice: curl_setopt(): CURLOPT_SSL_VERIFYHOST no longer accepts the value 1, value 2 will be used instead in /home/admin/web/eastrussia.ru/public_html/gtranslate/gtranslate.php on line 101
Banks want to choose borrowers with an eye on their relatives - EastRussia | Far East

Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

Banks want to choose borrowers with an eye on their relatives

Banks want to choose borrowers with an eye on their relatives
Photo: pixabay.com

Some Russian banks decided to add a new criterion to the system for evaluating potential borrowers. Now, the decision to grant a loan to a citizen can be affected by the credit history of his relatives. A new technique was developed by one of the credit bureaus.

As the RBC, VTB, Tinkoff Bank and Renaissance Credit confirmed participation in the project. After submitting the application, the system will automatically evaluate the credit history of the client’s relatives and take it into account when determining the credit rating. There are a million citizens in the 60 bureau database, so the probability of finding information is very high.

Banks announced the start of testing the service in the near future. However, experts say its imperfection. So the system can make erroneous conclusions if family members have different surnames, or vice versa, the former spouses retained a common one.