rio grande do sul

Credit bureaus will suspend debt negation in RS for 60 days, says ANBC

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Source: Broadcast - ECONOMY & MARKETS

The National Association of Credit Bureaus (ANBC) announced on Thursday, 16, that its member credit bureaus will suspend for 60 days the denial of debts in the state of Rio Grande do Sul, due to the public calamity caused by the floods.

Equifax Boa Vista, Quod, Serasa Experian and SPC Brasil will take part in the action. The sector will also postpone the inclusion of debts that are in the process of being communicated in the database, and will cancel the display of notes registered after the calamity is decreed.

The measure came into effect on May 1, the date on which the calamity was declared, and will be applied retroactively. “The idea is that, with this suspension, creditors, consumers and companies will be able to talk and renegotiate their credits in a responsible way so that the economy and social welfare can be re-established in a sustainable way in the state,” said ANBC president Elias Sfeir in a statement.

A similar measure was taken by banks in April 2020, in the face of the outbreak of the Covid-19 pandemic. This year, banks in Rio Grande do Sul have been renegotiating and postponing debt deadlines.

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