The Ukrainian Bureau of Credit Histories together with the International Finance Corporation (IFC) has developed a the educational series intended to raise awareness of credit history and its impact on financial opportunities among Ukrainians.
The Ukrainian Bureau of Credit Histories together with the International Finance Corporation (IFC) has developed a the educational series intended to raise awareness of credit history and its impact on financial opportunities among Ukrainians.
The educational series provides an opportunity to better understand the lending process and the consequences of non-payments of loans. The main focus is on credit history and its impact on the ability to use credit funds and available lending terms.
The educational series participants will learn how a credit history is developed, how it is used by credit organizations when considering loan applications, and how to improve their credit history.
Understanding the impact and logic of credit history development will help to avoid problems getting loans and will help to increase people’s own financial opportunities in the future. The educational series provides the necessary knowledge and tools to be more self-sufficient and confident in financial decisions.
At the end of the educational series, you will take a test to assess your level of credit history awareness. Upon successful completion of the test, you will receive a certificate that can be added to your credit history. This certificate of the educational series completion can be an additional positive factor when a potential lender evaluates your credit history, and will also give you the opportunity to receive additional bonuses from the bureau and its partners.
Estimated duration: 10 minutes
Introduction to the module
1.1 How to assess your creditworthiness
1.2 What documents are required for a loan processing?
1.3 How do banks assess creditworthiness of a client?
1.4 What should I do if I have problems with my loan repayment?
1.5 Test
Estimated duration: 10 minutes
Introduction to the module
2.1 What do credit bureaus do?
2.2 Why are the services of credit bureaus important to me?
2.3 Who uses the services of credit bureaus?
2.4 Is my credit information protected?
2.5 How can I get the most of the services provided by credit bureaus?
2.6 Test questions
Estimated duration: 10 minutes
Introduction to the module
3.1 What is a credit history and how is it developed?
3.2 What is a credit score and why is it important?
3.3 How to maintain a good credit history?
3.4 How can I track my credit history and why is it important?
3.5 Test questions
Estimated duration: 10 minutes
Introduction to the module
4.1 Agents for improving credit history: fraudulent service
4.2 Not my loan
4.3 Test questions
- understand how financial institutions make loan decisions;
- understand how your financial decisions affect your credit reputation and your ability to get a loan in the future;
- understand how to maintain a good credit history, improve it, and avoid non-payments;
- understand how to secure better loan conditions for you, such as lower interest rates and more favorable loan repayment terms;
- understand how to protect your financial interests and avoid fraud and abuse with loans.
FAQ
We recommend watching this the educational series to anyone who uses or intends to use credit products, including credit cards. The educational series will help to understand how to improve your credit history and secure better financial opportunities for you in the future.
Based on the results of the test, a certificate of completion with a grade will be issued.
Sign in to the bureau’s website and go to your profile settings (click on the button 
in the upper right corner of the site, then «Settings» – «My Profile»). In this section, please specify the certificate number indicated in the left corner of your certificate. After the bureau’s staff verifies the certificate, the information will be added to the credit history and made available to the bureau’s partners.