Guide: how to generate a credit data report
A credit data report consolidates information about a person’s financial conduct as collected in the Bank of Israel Credit Data System. It includes loans, credit facilities, mortgages, payment performance, and various financial events, providing a broad picture over the years.
- Reading time
- 3 minutes
A credit data report is a report that consolidates information about a person’s financial conduct, as collected in the Bank of Israel Credit Data System. The report includes information about loans, credit facilities, mortgages, payment performance, and various financial events, and makes it possible to obtain a broad picture of credit conduct over the years. The report can help identify errors in the information, understand one’s personal credit situation, and prepare to request a loan, mortgageA long-term loan for purchasing a property, with the property serving as collateral for the bank., or other credit products. Every person is entitled to receive one credit data report per year free of charge.
What should you prepare in advance?
- Your ID card (including its exact issue date).
- Answers to changing identification questions for passing the secure-identification stages.
Step-by-step instructions
Step 1: enter the Credit Data System
To perform the search, go to the Bank of Israel Credit Data System or search Google for “Credit Data System.”
Click “Your Digital Report.”
Step 2: log in to the personal area
Click “Log In to the Personal Area.”
Step 3: secure identification through the National Digital System
Enter your ID number and password.
If you have not yet registered for the national information system, click “Register” on the left. Complete the verification process using the questions shown on the screen.
Step 3: enter the system
Step 4: view the information
Your current situation—This screen displays a quick summary of your situation in the Credit Data System. You can see whether there are negative data, returned checks, debit instructions that were not honored, and the utilization of your credit facilities.
The situation—in brief This is a general measure of your credit conduct as reflected in the system. When all the measures are marked green, it means no unusual or negative events were found in the report.
Current account This section displays information about your current account, such as returned checks or debit instructions that were not honored. These data may affect how financial institutions assess your risk level.
When no returned checks or unhonored debits appear, this generally indicates proper conduct in the bank account and fulfillment of ongoing obligations.
Credit cards This screen consolidates all the credit facilities on your credit cards and displays the utilization level of each card. High utilization of a credit facility may indicate greater dependence on available credit.
Requests to view your information Here you can see which financial institutions asked to review your credit data and on what date. These views generally occur when an application is submitted for a loan, credit card, or other financial product.
An important final point: The credit data report is an important tool that allows you to obtain a clear and up-to-date picture of your financial conduct. Through the report, you can see information about loans, credit facilities, bank accounts, returned checks, debit instructions that were not honored, and requests by financial institutions to view your information. It is recommended to review the report from time to time to make sure that the information shown in it is correct, identify errors if necessary, and understand how your financial conduct may affect your ability to receive loans, mortgages, and credit products on better terms in the future.