Where to Start to Fix Someone Who Has a Bad Credit Registry

The banking products used and the degree of fulfillment of the responsibilities arising from these loans generally affect the formation of credit ratings. It is the credit registry that the credit ratings formed together and each one is generally accessible.

The credit rating and credit registry are separated at this point, because the credit rating may be subject to short-term ups and downs, but it is not possible to correct or corrupt the credit registry in a short time. In this context, there are various procedures that a person with a bad credit record must follow to correct the credit record.

What Is The Credit Registry Consisting Of?


Before mentioning how to correct the credit registry, it is very important to mention what the credit registry consists of and what is essentially what needs to be corrected.

Credit register:

  • From the habit of paying 35 percent credit and credit card debts,
  • 35 percent of existing credit and credit card debts,
  • 11 percent of newly allocated loans,
  • From the 10% credit usage frequency,
  • It consists of 9 percent of other factors.

These rates express the impact on the credit registry. As can be understood, consumers who want to correct their credit registry and raise their credit ratings should first start with their habit of paying their 35 percent credit and credit card debts, and existing credit and credit card debts.

How Banks Evaluate the Credit Registry


Banks try to reduce their credit records to a score and a credit score is formed as a result of this reduction. The risk is inversely proportional to the size of the credit rating formed. In this context:

  • 1 – 699 credit rating range high risk,
  • 700 – 1099 credit rating range medium risk,
  • 1100 – 1499 credit rating range low risk,
  • Good range of 1500 – 1699 credit ratings,
  • The range of 1700 – 1900 credit ratings is very good.

What is the Difference between Credit Rating and Credit Rating?

What is the Difference between Credit Rating and Credit Rating?

The credit registry is the record kept for all kinds of banking transactions and payments in the past, and the credit rating is an application that gives more unfavorable results than the credit registry regarding the degree of fulfillment of the financial responsibilities of those who may have changed even in days. are kept in the credit registry for the purpose of.

How to Fix a Credit Registry?

Credit registers of consumers who delay credit or credit card debt for various reasons in the past, who could not make the minimum payment or forget to pay on time will be adversely affected.

Consumers who do not pay their debt for 90 days are blacklisted and in this case, it is not possible to correct the credit registry. But if it has not been more than 2 months since the payment of the loan, and if it is possible to pay the debts, the first thing to do is to close the existing debts.

As mentioned above, existing credit and credit card debts have a 35% impact on the credit registry. There is not much that can be done due to being delayed for 1-2 months in terms of making payments on time, but loan installment payments should never be delayed in the following months.

If it is not possible to pay the overdue debt in the current period, what needs to be done is to send a structuring request to the bank or to use a loan transfer loan through a different bank.

A person who intends to correct the credit registry must submit very carefully loan applications in this process. It should be ensured that the submitted loan application will receive a positive response at once. Because making frequent loan applications will also affect the credit rating negatively.


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