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Credit Score

The strength of your credit profile can impact the financing options available to you, so Sakhi helps you understand where you stand upfront, making it easier to apply with confidence

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What is a Credit Score
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What is a Credit Score?

Your credit score is calculated by the Saudi Credit Bureau (SIMAH) and reflects your credit history and past financing and repayment behavior, playing an important role in determining your financing eligibility and terms, including the financing amount you may qualify for

How Sakhi Uses Your Credit Score

With your permission, we securely access your SIMAH record to evaluate your eligibility and offer financing that matches your financial situation—fairly, responsibly, and transparently.

Your score calculation

Payment history

Your record of paying installments and bills on time plays a major role in determining your credit score.

Credit utilization

This reflects how much of your available credit you are currently using compared to your total limit.

Number of active loans and cards

Having multiple active credit accounts can affect your score, especially if they are heavily used.

Length of credit history

A longer, well-managed credit history helps demonstrate financial stability.

New credit inquiries

Frequent applications for new credit in a short period may temporarily lower your score.

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Improve your score

Always pay installments on time

Timely payments show reliability and have a strong positive impact on your credit score.

Keep credit usage at a reasonable level

Using too much of your available credit can signal financial strain and lower your score.

Avoid frequent new credit applications

Applying for credit too often in a short period may negatively affect your credit profile.

Review your SIMAH report periodically

Spot errors early and understand how your financial behavior affects your score.

Take the first steps

Take the first step

Sakhi Finances is a fully digital lending platform designed to make borrowing easy, secure, and accessible for everyone - right from your mobile device.

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FAQs

Here you’ll find clear answers to the most common questions about our financing products, loan process, credit score, and how the Sakhi app works.

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View all FAQs