The Serasa Score plays a role in the outcome of the Minha Casa, Minha Vida financing. Understand Caixa's approval methodology.
Buying your own home is a goal shared by many Brazilians. In order to make this aspiration a reality, many opt for home financing through the Minha Casa, Minha Vida program.
One aspect that often raises questions is the role of the Serasa Score in this journey. This index is essential for those seeking credit, which is why many people ask about the impact of this score on the release of financing for the state housing project. Let's clarify this doubt?
How does Serasa Score work?
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The Serasa Score is part of the credit assessment conducted by Serasa, one of the leading credit agencies in the country. It assesses several aspects, such as payment behavior, outstanding debts, nature of accounts, credit requests, defaults and new lines of credit.
In addition, Serasa recently introduced Score 3.0, a version that incorporates more user information, including bank transactions, income, financing and credit card history. This makes credit analysis even more accurate and customized.
Does Caixa check the Score?
Yes, Caixa accesses Serasa information when approving financing. However, it is worth noting that for Caixa, in the context of housing financing, the focus is not on the Score, but on whether the applicant has any outstanding financial obligations at the time of contracting.
Therefore, those who have financial restrictions due to unpaid debts listed in institutions such as Serasa and SPC (Credit Protection Service) do not have financing approved by Minha Casa, Minha Vida, also involving the partner, if applicable.
How to regularize the financial situation?
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If you have outstanding debts with the SPC and Serasa, the first step is to resolve this situation. This involves recognizing the financial situation, talking to the debtors, settling or dividing the debts and waiting for the database to be updated. The Consumer Protection Code (CDC) determines a period of up to 5 business days for the removal of the name from the records of defaulters after payment.
In conclusion, the Serasa Score influences credit analysis, but it is not the only parameter considered when requesting financing. Therefore, those who wish to benefit from the program must monitor their financial health and adjust it when necessary.
