Objective of the Credit Registry

The Credit Registry provides useful information for analyzing credit applications and for regularly monitoring the credits granted. For example, when an individual or a legal entity request a loan, a guarantee or a credit card, the corresponding financial institution must assess the ability to pay of the person or entity before granting the request. It also reviews their record of compliance with obligations as obtained in the Credit Registry. 

Moreover, the information provided by the different institutions in the Credit Registry assists the Superintendency of Financial Services to fulfill its supervisory role and credit risk management analysis of supervised institutions to the extent that it provides data on asset quality.