What is the Positive Register?
It is a database that records the payment history of consumers, which includes day-to-day bills such as water, electricity and telephone.
The law has existed since 2011 and came into effect in 2013, but required the consumer to go after registering to be included. Now, the consumer becomes part of the Positive Register automatically, without having to do anything.
How is the Positive Register used?
When someone needs to take out a loan or purchase on credit, companies that grant credit (banks, finance companies, stores, etc.) usually consult their name.
With Cadastro Positivo, this query considers the bills you pay, not just the ones you didn't pay (negative bills).
That's why this positive information can increase your chances of getting credit.
The new Positive Register still depends on regulation. In other words, it needs a Presidential Decree to serve as a basis for the other norms. The Central Bank of Brazil depends on the decree for the delimitation of other norms.
What information is in the Positive Register?
The information that forms part of the Positive Register concerns payment of slips, booklets, credit card bills, electricity, water and telephone bills, loans and financing.
And you can rest assured, because information such as salary, religion, political positions, health data, bank account balance, credit limit, card transaction details, savings or investments is not part of the Positive Register.
How will registration be done?
Financial institutions, retailers and companies providing continuous consumer services (telephony, energy, gas, etc.), will send, as of July, registered consumers' information on bill payments to credit bureaus, such as Good view.
After that, you will be notified about your inclusion in the Positive Register within 30 days, unless you have already registered in the Positive Register before the new law.
Who will be able to access the data?
All companies that need information about consumers' payment history for credit analysis. The registered information will only be made available to the market 60 days after the opening of the register.
Will I be able to know which of my data will be there?
Yes! The “holder” has the right to access, without any charge, his information existing in the database at any time.
With Boa Vista, you can make your query on the consumerpositive.com.br portal.
And also take the opportunity to consult your credit score score.
What if I want to be excluded from the Positive Register?
All you have to do is ask any of the companies that take care of system administration (credit bureaus) to exclude it.
Deletion is free of charge and is immediate and simultaneous across all existing database managers, not just the one you request deletion from.
How is the Boa Vista Score calculated?
It is calculated based on three categories of information: the current payment behavior and the last five years, the search for credit in the market and registration information, such as full name, address and telephone number.
What should I do to increase my score?
To have a good score, the ideal is to pay your bills on time, avoid asking for too much credit and try to keep your name always clean. But be patient: sometimes, the score takes time to increase, even after the consumer has changed his attitude (became positive, for example).
Who uses this service?
It is used by companies that grant credit, such as finance companies, retailers and banks, among others.
Can the score have frequent changes even with my accounts up to date?
The score can, yes, change if you apply for a lot of credit in the square or if you have had any negatives in the last five years. But don't worry when you consult your own name here, as these queries don't make your score drop.
Why does the score vary according to the company that provides it?
Score Boa Vista is used by many companies when granting credit, but it is not the only one on the market. There are others that also offer a similar service.
Remember, each company has its evaluation methods for scoring and, therefore, differences between scores may occur. In Boa Vista we see the history of the last five years, its behavior in this period and currently.