Risk Report is a product providing former payment performance of real and legal entities related to the credit products used from the banks.
While KKB was previously sharing the results of the reports only with the banks, as of September 2012, these results are also shared with individuals and organizations issuing the report, as well as third parties approved by such individuals and organizations, through the branches of the banks. It is now possible for individuals and legal entities to access to all financial information related to their outstanding and closed debts by applying through bank branches or alternative distribution channels.
The credit registry information maintained by KKB is consisted of customer information shared by all member institutions and organizations of KKB on a monthly basis. The reports are offered based on such information without making any change on them. The report, which contains the payment performance in the financial sector, includes the individual's risks, former payment performances and credit card payment information as well as;Number of financial institutions providing data for the customer,Number of total credit accounts,Total limit and balance information,Last credit utilization date,Number of credit accounts in default,Sum of balances in default,Longest delay period available, and if exists, non-performing credit information.The report also provides the payment performance for the last 18 months of any credit.
Risk Report contains positive information about the individuals in addition to the negative ones. As the report contains not only delayed payments or non-performing credit records, but also information on timely paid credits, this report provides a significant advantage for the ones who pay their debt in a timely manner.