Your general credit score together with your internal banking score will determine your risk rating for the bank.
2. Your general credit score will be affected by your payment profile and when you have regular late payments, your score will be affected negatively.
3. In layman’s terms it means that when your retail account states the due date on the 28th of the month and you pay the account on the 29th, the bureau will already note the account as 30 days in arrears. You may think your account was paid before month end, but your payment profile will show the account in arrears.