As we explained in our last article: Everything you need to know about the ZEK. Anyone has a file registered with this organization, find out what the codes that could be assigned to you mean.
What is ZEK?
The ZEK (Central Credit Information Office) is a Swiss agency that registers and stores all credit applications. When you apply for a loan from an organization, the first step before granting you a loan will be to check the status of your account at the ZEK.
Can I find out the status of my file?
You can consult your file free of charge by going to the ZEK website and filling out their form. You can also contact Milenia.ch directly on 021 620 60 00, who will order for you free of charge.
The Most Important Codes and Their Meaning
Code 01: The balance of one of your credits has been posted to another invoice
Code 02: You respect your commitments and are regular in your payments
Code 03: This code is the opposite of 02, you are late in your payments
Code 04: This code is related to special measures undertaken with a bank (Debt Enforcement or Arrangement)
Code 05: This code means that a bank has had losses because of your record
Code 06: This code indicates that your file has legal problems, often related to falsified documents
Code 21: This code is linked to your credit card that is blocked or cancelled
Code 22: This code indicates that your card is blocked until the balance is paid
Code 23: This code indicates that the organization that issued your card has lost money
Can I erase a Zek code?
It's hard to get a code removed that would prevent you from applying for a loan. The code is only removable if a mistake has been made by a bank. In this case, you can contact a service provider such as Milenia's Solvable department who can help you with your procedures.