Am I on the blacklist of defaulters?
Why am I blacklisted?
Whenever you borrow money for private reasons, you must of course pay back the sum that you’ve been lent. When you take out a loan, if you are late with your repayment, or fail to repay the debt, the lender (bank, insurance company, finance company, etc.) has to inform the National Bank’s Central Individual Credit Register.
You are then recorded on the blacklist of defaulters. This can be annoying because it will be very hard for you to get another loan or a new credit line, as lenders are required to consult this list before granting any loans.
If, as a consumer, you want your name to be taken off this payment arrears blacklist, you do not actually have to approach the Central Credit Register yourself. Once you have settled your debt, the lender is in fact legally bound to report the repayment to the Central Individual Credit Register within eight days. However, a record of the payment default stays on the list for another year.
How can I check my situation?
You may ask for a free summary of the information registered in your name (name of the lender, amount borrowed, loan contract number and situation)
- either on the internet, using your electronic identity card (eID) or the itsme app on your smartphone;
- or by submitting a written request by post, together with a copy of the front and back of your identity card;
- or by going directly to the National Bank’s counters.
No information will be given out over the telephone.
If you notice that the Central Individual Credit Register’s file contains incorrect information about you, you may ask for it to be corrected.