Opinion

Brazil’s list of good payers a data protection liability?

data protection credit brazil

While Brazilians were focused on the debates around pension reform, one piece of news passed almost unnoticed: the law establishing the so-called “list of good payers“—that is, a database of individuals who pay off their debts on time. Until now, most databases listed only “bad payers,” as a means of protecting credit companies from lending money to high-risk customers. The list’s backers claim that providing lenders with more information about customers’ debt-paying ability is an effective way of pushing down Brazil’s interest rates. Estimates claim that roughly 22 million people could benefit from...

Access all of The Brazilian Report

Less expensive than a coffee!

Enjoy your 30-day limited-time offer for US$ 0.25 a week