Which Banks Check Credit Scores Before Giving Loans in Nigeria?

Planning to apply for a loan in Nigeria? Find out which banks check your credit score first and how Scorewise can help you stay ready for approval.

Today in Nigeria, getting a loan from a bank is no longer just about filling out forms and providing guarantors. Most major banks now rely heavily on your credit score before deciding to approve your loan application.

Banks that typically check your credit score include:

• Access Bank
• Zenith Bank
• GTBank
• First Bank of Nigeria
• UBA (United Bank for Africa)
• Fidelity Bank
• Stanbic IBTC
• FCMB (First City Monument Bank) and other banks

These banks partner with licensed credit bureaus like CRC Credit Bureau, CreditRegistry, and FirstCentral Credit Bureau to get a full picture of your credit history. Your score tells them how reliable you are with repaying debts, managing accounts, and handling financial obligations.

If your score is high, you are more likely to get better loan offers with lower interest rates. If your score is poor, banks might either reject your application or offer smaller loans at higher rates.

Even if you meet all other conditions — like having a salary account, stable job, or collateral, a bad credit score can still block your chances of getting approved. That’s why knowing your credit status before applying is absolutely critical.

Checking and improving your credit score ahead of time gives you an edge. Instead of guessing, you walk into the bank fully prepared, confident that you meet their credit standards. Scorewise is the smartest tool for this. It helps you check your real credit score in minutes, understand what banks will see, and gives you easy steps to boost your score if needed. With Scorewise, you don’t have to leave your loan approval to luck.

Download Scorewise available on Apple store or playstore today and start preparing your credit profile for better loan opportunities with Nigerian banks!