The credit bureau is one of the indicators that allows financial institutions to know if a person can be the object of credit.
The risk center is an information system provided for in the Law, administered by the Superintendency of Banks (SBS), with individualized and classified information on the debtors of financial institutions in Ecuador.
How to check the Credit Bureau in Ecuador
The data that rests in the Risk Central They are delivered to the Credit Information Bureaus. This information base is a tool that allows rate the credit applicationsor received by financial institutions from their clients.
Regarding the time a credit remains in the credit registry, the credit history of the people should not be submitted with information beyond 3 years; when the obligation is canceled it disappears from the information to date.
There is a danger in the credit bureau rating of those who default on debt deferral payments. These will be reflected after November 12
On the other hand, credit bureaus They are the corporations and they handle the information of the credit history of the users in banks or commercial houses.
Tips to avoid downgrading in the credit bureau once the term for the deferral of debts is met
Its exclusive corporate purpose is the provision of credit reference services of the holder of credit information, based on the information provided by financial institutions plus that provided by commercial and service establishments, with which the Bureaus have an agreement and prior authorization from their client to provide the information. (I)
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