How to Check Your Credit History in Armenia?

Your credit history is your “financial profile.” It shows all your loans, credit cards, repayment discipline, and even applications for new credit. In Armenia, credit histories are collected and stored by the ACRA Credit Reporting CJSC (known locally as the National Credit History Bureau). The state of your credit report determines whether you’ll get approved for a loan, mortgage, or credit card – and at what interest rate.

In this guide, we’ll explain what a credit history is, what it contains, and how to check it in Armenia.

What Is a Credit History?

Your credit history is a record of your financial obligations. It includes:

1. All loans and mortgages you’ve taken.
2. Credit cards and their limits.
3. Timely payments and delays.
4. Guarantor obligations.
5. The number of applications you’ve made for loans in banks.

Why Is It Important?

1. Banks use it to evaluate your payment discipline before approving a loan.
2. A good credit history helps you borrow at lower interest rates.
3. A poor credit history may lead to refusals or higher rates.

How Is a Credit History Formed in Armenia?

Every time you take a loan, open a credit card, or even apply for credit, the bank or lending institution sends this information to ACRA Credit Reporting CJSC.

The bureau collects information about:

1. The loan amount and repayment terms.
2. Payment schedules and actual payments.
3. Delays and their length.
4. Early repayments.
5. Loan applications (approved or denied).
6. Guarantees you provided for other borrowers.

This data is updated monthly.

Important: Your credit history is created automatically once you first use any credit product – loan, credit card, or installment plan.

Where Is Credit History Stored in Armenia?

1. Armenia has only one credit bureau — ACRA Credit Reporting CJSC.
2. All banks and credit organizations are required to submit client data to it.
3. Each person has their own “financial profile” stored there.

How to Check Your Credit History in Armenia

Option 1. Online via ACRA

1. Go to acra.am.
2. Log in with your passport or ID card (phone verification required).
3. Select “Get Credit History Report.”
4. Pay the fee.
5. Receive the PDF report by email.

Option 2. Through a Bank

1. Many banks (e.g., Ameriabank, Inecobank, Ardshinbank) provide access to your credit history upon request.
2. You must visit a branch with your passport and fill out an application.
3. Processing time: 1–3 business days.

Option 3. Via Mobile Banking Apps

Some banks have integrated credit history checks into their apps, such as:

1. IDBank (IDBanking)
2. Inecobank Mobile Banking

Free Credit History Check

By law, every Armenian citizen has the right to receive their credit report once per year for free.

Additional requests cost 1,000-1,500 AMD.

What Does a Credit Report Contain?

Your credit history report in Armenia includes:

1. Active loans and credit cards.
2. Your payment schedule.
3. Any delays, with the exact number of overdue days.
4. Closed loans and their full repayment history.
5. Your credit score (rating).

How to Improve Your Credit History?

If your history is less than perfect:

1. Pay off all overdue debts.
2. Stick to the payment schedule – early repayments are even better.
3. Avoid submitting too many loan applications at once.
4. Use credit cards and make timely payments.

Why Should You Check Your Credit History in Advance?

1. Before applying for a mortgage or car loan – to understand your approval chances.
2. Before applying for a job – some employers check credit history.
3. To ensure accuracy – to make sure there are no mistakes in your data.

Tips for Maintaining a Good Credit History

1. Set up automatic payments to avoid missed deadlines.
2. Keep at least one active credit product (like a low-limit card with zero balance) so your history stays “alive” and updated.
3. Don’t close loans too quickly – showing stable payments over time looks better to banks than paying everything off at once.
4. Limit the number of applications: applying to 5 banks at once shows as “high risk.” Better to apply to 1–2.
5. Check your credit report once a year – it’s free and helps spot mistakes early.

FAQ

Can non-residents check their credit history in Armenia?

Yes, if they have loans or banking products in Armenia.

How much does it cost?

Once per year it’s free. Additional requests cost around 1,000–1,500 AMD.

Can a bad history be fixed?

You cannot delete records, but you can improve your score through consistent, on-time payments.

Does an Armenian credit history affect loans abroad?

No. Each country has its own credit databases.

Conclusion

Your credit history is your key to affordable loans. You can check it online via ACRA, at your bank, or through mobile apps. Once per year, the report is free — and you should take advantage of this.

Check your credit history in advance and use AFM to compare loan offers, so you can secure the best rates and avoid unexpected refusals.