The Positive credit register
The Positive credit register is a register that collects data on private individuals’ credits and their income data reported to the Incomes Register. The purpose of the register is to:
- prevent households from taking on too much debt;
- improve the ability of creditors to assess the creditworthiness of credit applicants;
- help private individuals manage their own finances;
- provide reliable information on the credit market;
- facilitate the monitoring and supervision of credit markets.
A private individual can choose to set a personal, voluntary ban on credits, free of charge. When the ban on credits is in effect, it will protect the saved information from unauthorised use, etc.
The controller is the Incomes Register Unit of the Tax Administration.