Credit Bureau
What is Credit Bureau
Al Etihad Credit Bureau is a Federal Government organization that collects credit data, information and financial commitments from banks and financial institutions in order to provide accurate Credit Reports to individuals, financial institutions and companies in the UAE as allowed by the laws and regulations of the UAE.
Credit Report & Benefits
A Credit Report is a collection of historical credit data from various financial institutions, utilities, governments etc on individuals and companies in the UAE. The report includes:
- Record of current and previous credit facilities
- Payment history over last 24 months
- Payments overdue
- Records of any defaults and bounced checks
Obtain a Credit Report
To obtain a Credit Report, you can visit the Al Etihad Credit Bureau Customer Service Centers or click here to submit your request online. For individuals, the required supporting documents to obtain a Credit Report are:
- The original Emirates ID card of the Applicant.
- Passport copy of the Applicant.
In the case of Authorization, one must bring the following:
- A copy of valid Emirates ID card and passport of the customer (owner of the Credit Report).
- The original Emirates ID card of the authorized person.
- Original notarized Power of Attorney acceptable to the Al Etihad Credit Bureau or an Authorization Letter that includes authentication of the customer's signature, from the bank.
- Credit Report Consent Form (available below) duly filled in
How will a Credit Report benefit you?
- Helps you understand your credit-worthiness
- Lowers the costs of credit for a good borrower
- Provides greater access to capital for Small & Medium Businesses
- The process of obtaining approval for borrowings (i.e. loans, credit cards etc ... ) will be more transparent and accurate