When you will request opening a bank account, store credit or even a personal credit, banks and retailers make an assessment of your financial profile.
However, they only have access to your negative registration information. This means that they can see if any company has already placed their CPF in the SPC or Serasa registry due to some unpaid debt, but not every time you made payments on time.
This is what the positive register was created for.
But what is positive registration and how does it improve access to credit? That’s what we’ll talk about today! Keep reading and find out!
The problem of negative registration
By 2011, companies were only allowed to share information about their defaulting customers. That is, you stopped paying an account and your name could end up “dirty.”
However, those who had a good payer history did not have the same “propaganda”. If you paid your bills on time and had a good credit profile, that data was restricted to your bank.
One can therefore imagine how this made it difficult to assess each person’s profile for assignment of credit or other financial products.
If you failed to pay an account, for any eventuality, and your name ended up at the SPC, all your good payer history would simply be discarded, causing your credit limit to be reduced or financial institutions would not accept your credit request .
The solution, then, was to establish the sharing of the positive data of each CPF. But, exactly, what is positive registration?
What is a positive registration? And how it works?
The positive register is the record of all your history of good payer . That is, not only companies and banks can pass information on your accounts and payments, but also can tell other companies how good the payer you are.
All this would be registered in the Serasa system so that other institutions have access and can consult for credit granting purposes.
With this, the analysis of credit would become more accurate and fair, which could reduce the interest offered by the market, financial institutions would have more positive data about the applicant to make the decision if the credit will be granted and can help the lives of those who need it of urgent money.
What the law says about the positive register
Now that you already know what a positive registration is , it’s still not mandatory. Currently, Law 12.414 , is the one who governs its premises and:
“Disciplines the formation and consultation of databases with information of default, natural persons or legal entities, for the formation of credit history (…).
The opening of registration requires prior authorization of the potential registrant through informed consent through signature in a specific instrument or in a secluded clause. “
That is, it allows companies to share the information of those who default (who pays their bills on time), but only those clients who authorized the data collection through a direct register of their CPFs on the site with Serasa.
However, the supplementary law No. 441/2017, which extends the positive register for every Brazilian citizen, is being voted on in the Senate. In other words, you no longer need to register – banks, stores and other companies will be able to share their history so that other institutions can access and get better credit analyzes.
Anyone who wants their registration to be canceled, can still do this with Serasa. However, the benefits for those who continue with the positive registration will be numerous, starting with the possibility of having access to fairer credit conditions.
However, as long as the supplemental bill does not go into effect, take advantage of the fact that you already know what is a positive registration and its benefits and do yours at once! Enter the Serasa Consumer website and register your CPF now!