Credit report

from Wikipedia, the free encyclopedia

A credit report is an appraisal which is usually created by a credit expert according to the strict requirements that apply to experts or appraisers . Credit reports are regularly commissioned by private individuals and companies ( party reports ) but also by courts ( court reports ).

The background for the assignment is almost always a dispute between the customer and the bank .

The content of a credit report depends on the task of the client or the court. The loan expert examines the exact facts on the basis of this task. Often a complete check of the payment flow is necessary. Since the XI. Civil Division of the Supreme Court (so-called bank Senate) in recent years, numerous judgments on mortgage loans and consumer credit has precipitated and the legislature also the reform of contract law has made significant changes in the credit sector, there are numerous occasions arise for a credit report.

Here are some of the most common tasks and questions:


  • Mortgage loan
    • Early repayment penalty - not calculated correctly
    • Interest rate adjustments - in the case of variable interest rates, incorrectly (promptly, insufficiently, or not at all) made
    • Payments - not posted on time
    • Overcollateralization - adequacy of the amount of collateral deposited


  • Consumer credit
    • Interest rate - possibly immoral interest
    • Interest rate - may be. a mortgage loan because land securities were given
    • Payments - not posted on time
    • Interest rate adjustments - incorrectly (promptly, insufficiently, or not at all) made for variable interest rates


  • Overdrafts
    • Interest rate adjustments - incorrectly (promptly, insufficiently, or not at all) made
    • Overdraft interest - verification of eligibility
    • Interest rate - may be. a mortgage loan because land securities were given


  • Overdrafts > Cash flow
    • Postings - credit and debit postings were posted on time, check deposits, direct debits and transfers were correctly valued