Reasons That May Cause a Debtor to Be Listed as Negative

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Contrary to what people often think, one day without paying a bill after the due date or a credit card bill should not result in a debtor being listed as a defaulter. This is a process that requires some specific details, and is mainly applied in cases of repeat offenses or negligence.

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What can cause a debtor to be listed as negative?
A debtor's negative listing is just one of the reasons why kenya number dataset or she may have a “bad credit rating”, as the restriction of the CPF and/or CNPJ by credit protection agencies is popularly known.

The causes for this negative rating include:

Failure to pay bills or installments
Failure to pay bills can, in fact, result in a debtor being listed as a defaulter. However, this does not simply occur after the due date.

Imagine if a bill simply doesn't arrive and, the day after it's due, your name is already on the negative list? This can't happen.

It is permitted by law (except for telephone companies) for the creditor to send the name of the defaulter to the list of agencies. However, this practice is not common!

It is necessary, first of all, to try to contact the defaulter to find out what happened and whether he or she will be able to pay the debt through negotiation or agreement. If this does not happen, the service provision may be interrupted and, subsequently, the credit rating may be negatively affected.

Between 3 and 60 days. This is the time period between contacts and attempts to close a deal that is good for both parties, before taking any action.

In the case of installment or financed products, failure to pay may result in the debtor being negatively affected and, in extreme situations, may lead to the seizure of the purchased item.

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Impossibility of locating the debtor
The impossibility of locating the person who owes money does not prevent the company from blacklisting the person, which is good for cases where there is total negligence on the part of the person. Despite this, blacklisting a debtor is not good for either party.

The best thing to do is always to locate debtors and reach an agreement . This way, the creditor will receive payment for their services and the defaulter will have the chance to pay off their debt before having problems with their CPF or CNPJ.

Discover TargetData's solutions and make the most of renegotiation opportunities in your company!