Individual Credit Register (ICR)
The Individual Credit Register contains information about:
- all consumer credit and mortgage loans contracted in Belgium by natural persons for private purposes and
- all defaults on such loans (the so-called “blacklist”).
The ICR is a tool used to combat consumer over-indebtedness in Belgium.
Consumers
Consumers can consult free of charge the data relating to them in the ICR.
Professionals - reporting agents
Lenders are obliged to :
- consult the ICR before extending a loan (or credit) and
- notify the ICR upon the conclusion of a loan (or credit) agreement.
Professionals - authorised persons
A limited number of individuals are permitted by law to consult the ICR under certain conditions, in their capacity as persons authorised to receive information (so-called “authorised persons”). This group mainly includes debt negotiators, lawyers and trustees.
