Viral Freshgraduate Fails Job Application Due to Poor BI Checking Score, What is BI Checking?

Dream - Recently, news went viral about a company rejecting five fresh graduate applicants due to poor BI Checking scores. This was revealed by the Twitter account @kawtuz, where the BI Checking scores were in Column 5.

"Wow, 5 fresh graduates applied at my workplace, none of them passed because of BI Checking Column 5, wow," wrote the @kawtuz account.

So what is BI Checking and how important is the BI Checking score?

Not all companies require BI Checking score checks. Simply put, BI Checking is a historical check of Individual Debtor Information (IDI), which records the smooth or bad payment of someone's credit.

BI Checking itself has been renamed as the Financial Information Services System (SLIK) due to a change in supervision from Bank Indonesia to the Financial Services Authority (OJK).

There are three types of credit that fall into the BI Checking category: Unsecured Credit (KTA), Home Ownership Credit (KPR), and credit card bills.

So why did Column 5 reject the fresh graduate applicant?

According to Gramedia.com, the result of BI Checking has a score of 1 to 5. Where this score can indicate someone's arrears or bad credit. Here's the explanation.

Meaning of BI Checking Score

- Score 1

Score 1 indicates a smooth credit, which means the debtor always fulfills their obligation to pay installments and interest in full without any arrears.

- Score 2

Score 2 means the debtor is considered to be in arrears on credit installments for 1-90 days.

- Score 3

Score 3 is the result of bad credit, where the debtor is considered not to have paid credit installments for 91-120 days.

- Score 4

Score 4 indicates doubtful credit, this can happen because the debtor is considered to have arrears on credit installments from 121-180 days.

- Score 5

Score 5 is the highest level. Someone has reached bad credit, which means the debtor has arrears on credit installments for more than 180 days.

If a prospective debtor has scores 3, 4, and 5, they will be included in the BI Checking blacklist, and the bank considers that the prospective debtor has a problematic score or is often referred to as Non-Performing Loan (NPL).