Voluntary ban on credits
If you are worried about the security of your personal data, we recommend that you protect the data as thoroughly as possible. A voluntary ban on credits is one way of protecting the data, for example, when your personal data has been stolen and someone tries to apply for a loan in your name. A credit ban also helps you to manage your personal finances.
You can set a voluntary ban on credits for yourself in the e-service of the Positive credit register. When setting the credit ban, you must specify a validity period for the credit ban and give a reason for the arrangement. With your consent, the data can also be disclosed to credit information companies. You can check the validity and content of the credit ban in the e-service.
If you cannot use the e-service, you can also set the credit ban using a paper form.
- You can find the form on the paper forms page, at ‘Report about a voluntary ban on credits’ or ‘Report about a voluntary ban on credits for an underage child’.
- Read more: Instructions for using the e-service: Voluntary ban on credits
What are the impacts of the ban on credits?
If you have set a voluntary ban on credits for yourself, lenders must be more careful when granting loans to you. You can view the details of the voluntary ban on credits on your credit register extract. Lenders order the extract when you are applying for a new loan, for example. The credit ban does not have any impact on the use of a credit that has already been granted (such as a credit card).
With your consent, the details of your credit ban are also disclosed to credit information companies.
Giving consent to disclosing data to credit information companies
When you set the credit ban, you can also give consent to disclosing the data to credit information companies (Suomen Asiakastieto Oy and Dun & Bradstreet Finland Oy).
If you give consent to disclosing the information, credit information companies can store the data in their own registers and disclose the information to their customers such as telecommunications operators, lessors, insurance companies and power companies. For example, if you purchase a telephone connection, an insurance policy or an electricity contract, the seller can check your credit details with the credit information companies. In this way, the seller learns about the voluntary ban on credits. The same applies to lessors if you are applying for a rental dwelling.
If you do not give consent to disclosing the data, the lenders can only view the details of your credit ban on the credit register extract. Lenders order the extract when, for example, you apply for a new loan or when someone tries to apply for a loan in your name.
Editing or removing a ban on credits
You can edit a valid voluntary ban on credits at any time in our e-service. You may change the validity period or reason for disclosing the data to credit information companies or consent to the disclosure. You can also remove the credit ban completely. If you cannot use the e-service, you can also use a paper form.
The changes are immediately updated in the Positive credit register. If you have given consent to disclosing information to credit information companies, the changes will be disclosed to them with a one-day delay.
See also
Instructions for using the e-service: Voluntary ban on credits
Frequently asked questions
A voluntary ban on credits means a credit ban you have made in the Positive credit register. You can check the validity and details of your credit ban in the e-service of the Positive credit register.
If you have a voluntary ban on credits, lenders can see it on your credit register extract. The lender may order a credit register extract containing your details, for example when you are applying for a new loan. If you have set a credit ban for yourself, the lender must be particularly careful when granting loans to you. A ban on credits does not have any impact on your existing loans, such as a credit card.
With your consent, your voluntary credit ban can also be disclosed to credit information companies. They can store the information in their own registers and disclose it to such parties as telecommunications operators, lessors and power companies.
Read more: Voluntary ban on credits
If you have set yourself a voluntary credit ban, lenders must be more careful when granting loans to you. The voluntary ban on credits is shown on the credit register extract. Lenders order the extract when you are applying for a new loan, for example. The credit ban does not have any impact on the use of a credit that has already been granted (such as a credit card).
With your consent, the credit ban are also disclosed to credit information companies.
You can set a voluntary credit ban in the e-service of the Positive credit register. You can edit or remove the ban at any time. The ban is free of charge. If you cannot use the e-service, you can also set the ban using a paper form.
- You can find the form on the paper forms page under ‘Report about a voluntary ban on credits’ or ‘Report about a voluntary ban on credits for an underage child’.
- See also: Instructions for using the e-service: Voluntary ban on credits
The guardian may set, edit or remove a credit ban for an underage child on a paper form. All the child’s guardians must sign the form.
You can find the form on the paper forms page, at ‘Report about a voluntary ban on credits for an underage child’.
You can check the validity of your credit ban in the e-service of the Positive credit register. Under the ‘Voluntary ban on credits’ section of the e-service, you can view the reason for the credit ban and its validity period and whether you have given consent to the disclosure of the information to credit information companies.
If the ‘Set a ban on credits’ button is displayed, you do not have a valid credit ban.
With your consent, information on your voluntary credit ban can be disclosed to credit in-formation companies. Suomen Asiakastieto Oy and Dun & Bradstreet Finland Oy are the credit information companies operating in Finland. With your consent, these companies can store the information on your credit ban in their own registers and disclose it to their customers. Such customers include power and insurance companies, telecommunica-tions operators and lessors.
If you do not give your consent, the information will be stored only in the Positive credit register and disclosed only to lenders ordering a credit register extract containing your details, for example when you are applying for a new loan.
See also: Voluntary ban on credits
The lenders will learn about your credit ban when they order a credit register extract containing your details. They can order the extract when you are applying for a new loan, for example.
Credit information companies will also disclose the data to their customers when they check your credit information provided that you have given your consent to the disclosure. In that case, such parties as telephone operators, lessors or insurance companies will learn about your credit ban if they check your credit information.
Go to Your data in the register to read more about your details in the register and how they are disclosed.
You cannot get a separate certificate of a voluntary ban on credits that you have made in the Positive credit register. Lenders have different approaches to how you can prove that you have set the credit ban and why you have set it. You can discuss the matter with the lender to find out what you should do.
When you remove your voluntary ban on credits, the information will be updated to the Positive credit register immediately. Lenders will learn about the change when they order a new credit register extract containing your details.
There may be delays in updating the information if in the past the data was disclosed to credit information companies with your consent but you remove the voluntary credit ban or your consent to disclosing the information to credit information companies.
- We notify credit information companies of the removal of a voluntary ban on credits or consent once a day.
- Updating may also be delayed due to reasons related to the credit information companies.
You can ask the credit information companies how long it usually takes before updates are shown in their systems.