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Understand how the Central Bank's list of defaulters works and how it can impact your personal finances.
Financial decisions in the digital age face detailed scrutiny and, in Brazil, the “Registrato”, a Central Bank (BC) system, has emerged as a crucial mechanism for Brazilians to monitor their involvement with the National Financial System (SFN).
From this perspective, Registrato enables all citizens to obtain a detailed “statement” of their relationship with financial institutions, covering everything from bank accounts to debts. Therefore, the intention of transparency is to provide greater control over personal finances.
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To this end, it allows you to recognize current debts, confirm unknown accounts and even confirm unvalidated Pix keys. So, what does this imply when seeking loans or financing? This will be explained below.
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How does the Central Bank list affect your personal finances?
The BC, in addition to offering a personal checking tool, emphasizes that the data contained in the Registry is commonly analyzed by companies when assessing a person's creditworthiness.
In this sense, several databases support the determination of the risk profile, which is an assessment of a customer's ability to honor their financial obligations. One of them is the Central Bank's Credit Information System (SCR). Although the information in the Registry may be advantageous to the citizen, there is an emerging fear that this data may become an impediment to obtaining credit.
Read also: R$7.4 Billion in Forgotten Money. How to Claim?
This is because experts, such as Marcos Piellusch from FIA Business School, point out that the existence of numerous debts, particularly those in default, can make credit more expensive or even unattainable. On the other hand, a clean credit history can make the process more accessible and faster.
How to delete name from list?
First, we inform you that the BC clarifies that there is no permission to delete debt records. However, it is possible to request the correction of erroneous data. For this purpose, the first step is to contact the financial institution that provided the information and request the correction.
This procedure is necessary because there is a period between the effective payment of a debt and its update in the Registrato system. According to the Central Bank, this update is carried out monthly by financial institutions, reflecting in the citizen's profile approximately on the 20th day of the following month.
