Personal credit rating

phildraper Serial 暗网禁区

Member since 07 December 2021

phildraperSerial 暗网禁区31 July 2024 06:24:15

509

I presume the Cyprus financial industry has a similar rating system to the UK to check credit worthyness of applicants? Not that I am expecting to need credit in Cyprus although I might want a Cypriot credit card to make things easier. I have had a Cypriot bank account for 18 months. Does anyone know if this is available to check like Experian etc?

Toon Cyprus Expert

Member since 04 June 2011

ToonCyprus Expert31 July 2024 08:43:07

10051

@phildraper

When I asked about this a few years ago at Hellenic they demanded the same amount of cash to be held on deposit equivalent to the credit limit required .. ... It was at that time easier to get the credit card when you had a mortgage with the same bank

aceshigh Member

Member since 29 December 2023

aceshighMember03 August 2024 19:50:34

I can confirm what toon said is still true. When my husband enquired about a credit card last year, he was told to get a mortgage then he could have a credit card and a personal loan. He was offered an alternative which was to find a cypriot friend with a business or a house to act as guarantor.