The national newspaper El Mercurio published an article about the key points to understand the impact of the new consolidated debt registry.

Regarding this, our senior associate, Francisco Vial, explained that the consolidated debt registry will contain both positive debt—credit obligations that are being paid on time—and negative debt. The aim is to address issues caused by partiality and asymmetry of information in the financial sector. He also commented that the consolidated debt registry will allow for a better visualization of the overall indebtedness of credit subjects and their behavior over time.

“Those who regularly pay their commitments will be able to access better credit conditions, as creditors will have greater access to information facilitating financial analysis and risk assessment of the debtor,” he said.

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