Increase your credit rating! How to issue and use a credit information inquiry form
1. What is a credit information inquiry?
A credit information inquiry is a document containing information that records and evaluates an individual’s financial transaction history. This affects a variety of financial activities, including taking out loans, issuing credit cards, and using rental services.
2. How to issue a credit information inquiry 신용정보조회서 발급
A credit information inquiry can be issued in the following ways.
Online: Apply at the Financial Intelligence Unit (FIU) website of the Financial Services Commission. 이베이스매뉴얼
Visit: Visit the nearest branch of the Financial Supervisory Service or the Financial Consumer Information Portal Center
Mobile phone: Apply through the Financial Intelligence Unit (FIU) app of the Financial Supervisory Service
Documents required when applying for issuance:
Identity verification documents (resident registration card, driver’s license, etc.)
Financial transaction account information (deposit account, credit card, etc.)
Issuance fee: 1,000 won
3. How to use credit information inquiry form
1) Check your credit status:
You can determine your credit status by checking payment history, debt utilization ratio, credit period, etc.
If there is an error in your credit information inquiry, you must apply for correction immediately.
2) Establish a credit management strategy:
You can make a specific plan to improve your credit score.
You can improve your credit rating by improving your credit card usage habits and establishing a loan repayment plan.
3) Financial product selection and negotiation:
When choosing financial products such as loans and credit cards, you can negotiate more favorable terms based on your credit information.
A higher credit score can help you qualify for lower interest rates, higher credit limits, and more.
4) Financial Fraud Prevention:
You can prevent damage from financial fraud by checking to see if there are any financial transactions that are not in your name.
Through regular credit information inquiries, you can detect abnormal activity and respond quickly.
5) Employment and starting a business:
Recently, there is an increasing number of cases where credit information is checked when seeking employment or starting a business.
Good credit information can help you get a job or start a business.
4. Credit information management tips
Regular credit information inquiry: It is recommended that you check the status of your credit information by obtaining a credit information inquiry at least once every six months.
Check for errors: If there are errors in your credit information inquiry, you must apply for correction immediately.
Efforts to manage credit: It is important to pay attention to credit management, such as credit card payments and loan repayments.
Clear financial transactions: You must clearly manage your financial transaction details and be careful about using cards not in your name.
Refrain from applying for unnecessary credit: You should refrain from applying for unnecessary credit cards and loans as this can lower your credit score.