Context: why choose CRIF?
Whenever consumers and companies need a credit line, whatever the purpose, for example, to buy a house or a car, to buy machinery to increase production or to make investments to expand internationally, banks and financial institutions need a full picture of the applicant’s credit profile to assess their creditworthiness.
In other industries where goods or services are delivered with open invoice and clients are essentially granted credit, creditworthiness assessments based on non-financial data are also key.
Credit bureaus and data pools enable informed credit decisioning, especially in turbulent times, when financial inclusion is even more challenging. This is where CRIF has built its reputation and experience, helping countries to develop their financial inclusion and financial infrastructure roadmap.