What are the benefits of becoming a member?

By becoming the member of ACRA Credit Bureau financial institutions get the opportunity to

• become more informed of their customers' credit risk level by receiving cumulative information on their previous payment behavior patterns and current credit obligations with various financial and non financial institutions,



• monitor irresponsible borrowers and be protected from credit delinquencies and bad debts,



• discover and attract creditworthy customers,



• save time and money spent on information gathering by receiving the borrower's credit report within seconds,



• minimize the credit risk in the financial sector as consumers become more cautious while fulfilling their financial obligations to avoid getting negative information into their credit reports. This fact contributes to the formation of a REPUTATION factor in general public mentality as an additional device to stimulate repayment of loans,



• to reduce the risk involved in lending,



• get informed about their both domestic and international potential partners.

Should you have any question or comments, please contact us.