People sometimes want to get credit because they need it, and sometimes to get good. Since home and car prices are very high and people cannot afford it, many people prefer to buy goods by credit.

That being the case, unconscious borrowings increase and people sometimes become unable to pay the loan. This causes the credit rating to be badly affected and that the banks do not lend money when necessary.

Factors Affecting Credit Rating Negatively

If you want to take credit, your credit rating must be sufficient for this. The credit rating is determined by the bank according to whether you regularly pay all your credit and credit card debts, invoices, taxes or errors to the banks.

If you have not paid a large portion of your credit card debt for a while or not at all, this will be reflected in your credit note as a sour. All transactions you make with banks are effective in changing your credit rating. What you need to do to upgrade your credit rating will improve over time, especially when you make your payments regularly and accurately.

It is not possible to predict when the credit score will improve. Because banks update your credit ratings in certain periods by looking at whether you have paid our debts and how many transactions you have made with the bank.

How to Determine the Credit Rating?

How to Determine the Credit Rating?

Poor credit rating is valid for all banks and in this case, you cannot borrow and borrow money from any bank. Many people are looking for the answer to the question of how the credit rating goes up. Banks measure whether they are loyal to their debt thanks to their credit rating.

Therefore, if your credit rating is low and there is a lawsuit filed on your behalf, it affects your record in banks negatively. Banks are more cautious about them because a person with a bad credit rating has not been able to pay their debts regularly and fully for a certain period of time.

When you do not pay your credit or credit card debt for a long time, you can take your place in the blacklist of the banks and when you request a loan, you can get a rejection response by the banks. For this reason, you should try to make your payments regularly.

How to Upgrade GFI Housing?

If you want to correct your bad record in the eyes of the banks and raise your credit rating as soon as possible, you should pay attention to do more work with the banks, pay attention to make your payments without delay, and pay the minimum amount of your credit card debt at least, if you cannot pay all of the period debt.

Banks examine their taxpayers’ past record on banks and decide whether they will give credit according to this record. If your record on banks is not very good, you should know how to raise the GFI grade and act accordingly.

If a bank says your credit rating is low and your credit request is rejected, you should remember that this will also be the case for other banks. As well as credit and credit card debts, your regular bills affect your credit rating.

In order to increase your low credit rating, if there is a loan you have received from any bank before, you should pay attention to finish it at the time when it is not finished. In order to facilitate this, you should review the loan rates and monthly payment plans, and enter the loan debt that is suitable for your income and you can pay.

In addition, you can upgrade your credit rating in a shorter period of time by trading with more banks. Especially for this, you can buy a low limit credit card and make regular payments. If you have taken a loan from any bank before and could not finish the debt of this loan in time, it will be reflected in your bank records as a sour.

What is done to Upgrade Credit Rating?


This bad record, reflected in your credit note and index report, can only be recovered after 5 years. During this period, you need to be careful to stick to your debt and get under debt as much as you can afford. In this way, your credit rating will improve over time and you will be able to get credit from banks again.

When you take out a loan, you can make a loan application by considering whether you can meet the monthly payment amount and choosing the maturity option accordingly.

By ordering payment to all your invoices through banks, you can further speed up the rise of your credit rating. You can shorten this process even more by taking care to be as close as possible with the banks.