Infocorp: how to easily get off the ‘black list’ if you paid a debt or not?

Due to the COVID-19 pandemic, Peruvians were affected by their economy and this was reflected in their debts. According Equifax Peru The number of defaulters did not increase, but people who did not honor their commitments within the specified period were registered. In this situation, it is important to know your credit history to manage expenses and have a good evaluation in the banks in case you want to apply for a loan.

Here we explain how to view your credit historywhat to do to regulate the situation in infocorp in case you have debts that you cannot handle and how long it will take for you to stop appearing as delinquent in the system so that you can acquire various financial products.

How do I know if I am in Infocorp?

According to Javier Mori, legal director of Infocorp-Equifax Peru, it is important that we all know how we are doing infocorp Because thanks to this information, thousands of Peruvians can access credit, start a business or generate a project.

He indicated that the majority of cases confuse appearing there with having a negative credit history, but this is not the case, since if you are reported as delinquent, it is very difficult to apply for loans, there are even companies that look at your record before hiring personal. Even to rent a property they also ask for your record.

To check the status of all your debts, you just have to enter the portal of infocorp, the risk center that collects credit information.

Check your credit score for free

If you want to access personal credit or apply for a card, it is important that you know your Infocorp credit score. If you have a good score, banks are more likely to provide you with financial products.

You can look at Infocorp’s credit score HERE. They range from scores of 1 to 999, the higher the number, the lower the probability of incurring in delinquency, and therefore the more likely that a person will pay their debts on time. On the other hand, if you have a low score, the risk or probability of default will be greater.

If you know your rating you can improve it over time. Then check your score and get the following benefits:

• Get to know your Infocorp score for free, you just have to register at equifax or in the following link https://soluciones.equifax.com.pe/e-commerce/registro/?utm_source=Press&utm_medium=Press&utm_campaign=Registro+Press&utm_id=Registro+press

• After registering, you can see your updated score at any time you want.
• Receive an alert once a month about changes in your score.
• Also to have a more detailed report you can make the payment of S / 29.90.

Remember to check your Infocorp score every month, so you will have an indicator to improve your credit history, properly manage your debts and access better financial benefits.

How to leave Infocorp?

It is necessary to know that all Peruvians over 18 years of age are in infocorp, the important thing is to know how we are qualified. That is, if you maintain a punctual payment of your debts, you will have a positive rating, while if you have delays in your obligations, your rating will be negative.

The legal director of Infocorp-Equifax Peru explained that in a strict sense, it is not possible to “leave” Infocorp, since it records credit information. What you can do is improve your history by following these tips:

• The ideal is to pay the outstanding debtso you have to contact the financial institution to catch up on payments, or see the options for rescheduling or refinancing in the installments that suit your possibility.
• If you fell into arrears, but you have already paid the total amount of your debt, you can request your letter of no debt and thus be able to avoid any problem.
• Remember that if you have a debt that is past due and has not been paid, you have a high risk rating in infocorpand this will remain for up to a maximum period of five years in the risk center since the debt matured.
• On the other hand, if you fell into arrears, but managed to pay, this high risk rating will remain for my term according to the law of two years, from the moment you finished paying off the debt. This term does not show a person with current delinquency, but rather one who incurred delinquency but has already overcome it, which will mean an improvement in the level of credit risk.

Debt levels at Infocorp

Depending on the amount of time that has elapsed with the debt, infocorp It has a five-tier rating scale.

• Normal: It is the most frequent level of debt, people are less than 8 days past due.
• Customers with potential problems (CPP): when they have a period of arrears between 9 and 30 days.
• Deficient: debt with a period between 31 and less than 90 days.
• Doubtful: people whose debt has a period of less than 120 days.
• Lost: people with debts that exceed a period of 4 months.

Can companies eliminate my Infocorp debts?

The specialist in legal issues assured that the provision of debt elimination does not exist and those who try to offer these services are scams.

“Debts are registered, modified or eliminated according to law. In the event that third parties offer you this assistance or similar, you must be suspicious and avoid being a victim of deception and fraud”, he added.

How long will I stop appearing as delinquent in Infocorp?

Javier Mori, legal director of Infocorp-Equifax Peru, explained that under the process of updating information, the cancellation of a debt with a financial institution will appear in your credit report approximately two months after the payment is made.

He stressed that after payment of the debt, it will remain as canceled debt in the Infocorp database for a period of two years counted from the date of cancellation of the obligation.

“If it continues, you should go to the Equifax consumer service office and submit a simple request for the information to be updated. You must attach a copy of the DNI and the supporting documents of the cancellation of the debt. With this, the creditor will be contacted to make the corresponding confirmation. This procedure is totally free.”, he asserted.

If the debt is more than five years old, is it still valid?

According to the expert, the reports in the system only shows information from the last five years, after that time the information is withdrawn due to expiration of the information, but that does not mean that the debt with your creditor has disappeared. The data will remain in the SBS (Superintendence of Banking, Insurance and AFP) until the payment is cancelled.

“Debts are like energy, they never go out by themselves, they only transform. Why does it disappear from the system? It is because of the standard that is followed as a model by several countries.said Mori.

However, the Infocorp-Equifax representative maintained that there is another figure, such as that of prescription of the debt and that occurs in 10 years.

“That means that if I have a 10-year debt and they want to demand it from me in court, I have the right to oppose by prescription but responding within the specified period, but if I want to pay it there is no problem because it is the right thing to do”, he specified.

Is there imprisonment and liens for debts?

The legal specialist stated that there is in only one case: non-compliance with alimony in the case there is a court ruling.

With regard to embargoes, he maintained that it does happen regularly, but it does not always happen because the amount often does not warrant it, given that, for example, for a debt of S / 100, more could be spent in the process. Of demand.

If I am in infocorp, can they give me loans?

Mori pointed out that business and credit decisions are made by the entities themselves. “We as credit bureaus provide the information for them to evaluate, but who ultimately decides is the one who lends, that depends on general credit policies”, he narrowed down.

He added that, sometimes, there are financial entities that enter the campaign and give credit to obtain more clients. “That as long as they offer you to buy the debt you have in another institution or they give you certain conditions.”, he referred.

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