Credit scoring – what is it?

Credit scoring is a method of assessing the borrower’s credibility. In other words: it is a credit risk assessment. Thanks to scoring, it is possible to estimate whether a person taking a loan will be able to pay back the borrowed amount on time.

It is usually presented in the form of points – the more points, the greater the creditworthiness. For scoring purposes, statistical tools are used, which compare the profile of a person who wants to take a loan with those who have already received it.

The scoring includes, among others


  • profession performed,
  • level of education,
  • housing status,
  • monthly income,
  • the number of dependents of the borrower,
  • number of bank accounts held,
  • are we the car owners
  • what payment cards we have and how many limits available on them are

Scoring is used to speed up the loan granting procedure. Thanks to it, the risk of concluding a contract with a client is limited, which can be unreliable. Therefore, the scoring scoring largely influences which decision the bank will make – whether the loan will be granted or not. Analysis of this data allows you to calculate the so-called cut-off point, which is the ceiling for granting the loan. Having obtained a score lower than the cut-off point, people will meet with a negative decision of the bank. They can then provide better security for their liabilities or apply for a lower loan amount. Scoring is also used to determine the debt margin.

Why does scoring scoring differ?

Scoring scoring can vary from time to time, even at the same bank. This is due to the fact that the data is updated on a regular basis and the system verifies new information at any time. The amount of scoring may therefore depend on how much change has occurred since the last assessment.

The scoring can be different in each bank

Banks usually use their own scoring models, but it happens that they use BIK scoring, or even use several models at the same time. Among other things, because of this, our assessment in each bank may be different.

However, if we received a high rating in one bank, the result should be similar in the other.
Bank customers are usually not informed about which scoring the bank uses, which is why, when receiving a negative decision, it is worth asking about the justification for such a decision. Some factors, such as your credit history, can be improved.

Actions that reduce scoring

The reasons for getting a low score may be different. Usually it is caused by late repayment of receivables or complete cessation of payments. Another factor negatively affecting the assessment is the lack of credit history of the applicant.

Be aware that scoring will not change overnight. Therefore, it is worth remembering to build it non-stop, e.g. by not being in arrears with payments or exceeding credit card limits.

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