In Indonesia, do they have credit reports and credit reporting agencies like they have in the USA? ?
How does a lender in Indonesia make the decision to loan someone money to buy a home?
Credit - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Yes, they do... here, the agency is the Central Bank of Indonesia. When you apply for a credit card or anything that needs loaning, the loaner will check your name in the Central Bank of Indonesia - *every* registered individual have one registry in it - for a bad record. They also do have the "blacklist", with which the loaner may consider highly not to give out your loan. People that are added to the blacklist includes people who over-limit their credit card, and could not pay, or people with a criminal record. So just be good, pay your card and fulfill your taxes, and be nice to people!
2 :
Yes I agree with him (answer #1) Matt, I've heard that too..
