Banks were required to credit the loan applicant

Mahboub Sadeghi, noting that the review of credit for the payment of bank facilities will reduce bank arrears, said: “One of the criteria for credit is the amount and history of past facilities of customers.”

He also mentioned the number and history of checks received or returned by the applicants as other criteria for determining the credit rating points of banking network customers and added: Bank facilities are effective.

The director of the Central Bank Information Department, noting that customer accreditation has a hundred-year history in the world, added: “Accurate implementation of this model in Iran can facilitate the conditions for obtaining a guarantor from borrowers.”

Announcing that accreditation had already been implemented in some banks, Sadeghi said: “This model helps banks to pay small loans to applicants, can facilitate guarantee conditions and apply for less collateral, such as salary deduction certificates and real estate documents.”

He went on to announce that the payment of small loans has started with the credit model as an example, adding: now about one million facilities are paid monthly in the country’s banking network and the purpose of credit is to give people who have good credit behavior access to Increase bank facilities.

The director of the Central Bank’s information department also said that according to the accreditation method, the access of bad bank account customers who have good documents, but their past behavior shows that they do not fulfill their obligations on time, is limited.

He called the amount of overdue receivables of banks about 7% of payment facilities and added: “As much as this number decreases, it is in the interest of the people and the country.”

Sadeghi added: Access to the accreditation system is provided for the general public and applicants can be informed of their accreditation status by referring to the My Credit system and paying a fee of about one thousand tomans, and in the future this possibility will be provided in mobile software.

The director of the Central Bank Information Department, announcing that the issue of validation was raised in 2006 and its bylaws were approved in 2007 and its amendments were made in 2009, said: In 2010, the number of inquiries from the ranking consulting company was about 5,000, but at the beginning of 1400 One million inquiries per month and now it has reached about 3 million inquiries per month.

Sadeghi added: “The private rating consulting company is the only company licensed by the Central Bank, and so far information about 44 million national codes has been registered in this system bank and credit reports have been produced for 34 million people who can view it in the My Credit system.”

In the end, he said: now the banks are obliged to obtain credit for the payment of facilities and if a bank violates, that bank will be dealt with legally.