The Bank will perform data checking of each prospective debtor in the Debtor Information System (SID) provided by Bank Indonesia. Through SID BI or often also called BI Checking, can know whether there is a history of loans in the bank. This data is very important as the consideration of the bank in disbursing credit. If we have data on bad debts in other banks, it is certain any bank will immediately refuse any request for our credit. In addition it can also know the total exposure (outstanding) credit of prospective borrowers in other banks. The greater or more credit in other banks, will certainly affect the monthly installment burden. The Bank will analyze whether the prospective borrower still has the ability to pay if the new credit is given. The purpose of using credit, there are many types of banking credit in accordance with the purpose of its use. Credit for home purchase, credit for purchases of motor vehicles, Business Loans for working capital, Consumption Credit for multipurpose purposes and so on. Make sure the credit that we submit is in accordance with the credit segment and the purpose of its use.
Maximum Credit, after performing the analysis, the bank will establish maximum credit limit of debtor candidates. Approval credit plafond can be in accordance with the submission, but sometimes smaller than the credit application, is entirely the authority of the bank. We should not have to force a larger ceiling than has been approved, because the bank would reject it because it goes against the internal procedure of the bank by considering credit risk factors. No one wants to owe another party. Whatever the need, as much as possible you will certainly try not to borrow money, right? But, what if applying for debt is the only way to meet a need? You may consider applying for Unsecured Loans (KTA) in the bank. This one bank product will not ask for any warranty to you as a loan applicant.