BIK receives the ID data and information concerning the credit repayment history of a particular client which include the opening balance of the liability, current outstanding amount and credit history broken down by months. The banks and other organisations authorised to grant credits by having access to the data may effectively assess client's credit worthiness and ability to repay before the credit is granted. Clients who have a positive credit history have a better chance of being offered above-the-standard conditions. They are the best prospects for the banks which may contribute to more advantageous financial terms, i.e. lower interest rates, simplified or shorter procedures, lower charges and commissions.

Lack of information about the credit history of the client makes it impossible for the banks to apply the premium for the financial reliability of the clients. If the client wishes to be perceived as an attractive financial market participant, he should aspire for his credit history to be available to other organisations from the financial sector not only throughout but also after the repayment of the credit. For example, in the USA, where the credit information bureaux have a long-term history, young people take out their first credits already during the studies. Then, they repay them in accordance with the agreed schedule only to build their positive credit history. They will need it when they start regular work and become interested in taking a car or apartment loan. They will then receive additional score during the evaluation of their credit worthiness by the banks.