glossario

An information system managed by the Bank of Italy in which loans for more than €30,000 are registered based on obligatory reporting by lenders. If the borrower, owing to a serious breach of contract, is classified as 'in default', this fact is also recorded in the Central Credit Register for loans under €30,000. The data in the Central Credit Register are available to lenders, who can view the total amount of loans granted to each borrower by banks and financial companies, not limited to Italian lenders. Lenders can therefore learn whether the loans have been paid regularly and whether there have been any missed or late payments. Borrowers can also gain access, free of charge, to data concerning them in the Central Credit Register. To learn more contact a Bank of Italy branch. The data in the Central Credit Register are confidential.