Loans

How is the credit rating set?

As elsewhere in the world, Citadele determines a person's credit rating by evaluating and summing up various criteria according to a special formula.

  • No delays for loan and other monthly payments;
  • Official income level, stability
  • Monthly payment volume comparing to income level

These are the main criteria on which a good credit rating is based on, therefore allows to get a loan with a lower interest rate. Credit rating is also positively affected by age. Over the years, people become more responsible and can get a better loan offer from the bank.

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