krediidikihi
Krediidikihi refers to a credit history or credit report in Estonian. It is a record of an individual's borrowing and repayment behavior over time. This history is compiled by credit bureaus and includes information such as past loans, credit card usage, payment timeliness, and any defaults or bankruptcies. Lenders, such as banks and other financial institutions, use this information to assess an individual's creditworthiness when they apply for new loans, mortgages, or other forms of credit.
A positive krediidikihi, characterized by responsible credit management and timely payments, generally leads to easier approval