Datacredit It has become the headache of many Colombians, since this is a credit information center in the country. Its main function is collect, store and provide information on the financial and credit behavior of people and companies in the country.
However, Colombians should keep in mind that before it is reported to the risk centers, they must be previously informed of the reasons for this report, otherwise, The report could be illegal.
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Likewise, it is important that you know that there is an established time for said notification to be made and it is 20 calendar days before, as established by the Law 1266 of 2008.
“Guarantee, at all times, to the owner of the information, the full and effective exercise of the right of habeas data and request, that is, the possibility of knowing the information that exists or rests in the bank of dataand request the updating or correction of data, all of which will be carried out through the consultation or complaint mechanisms, in accordance with the provisions of this law,” the law indicates.
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The same way, Daniel Vargas Umañapublic affairs manager at Experian, explained to El Tiempo that this time is established so that people have “the opportunity” to catch up on the debt and “controvert aspects such as the amount of the obligation, the installments and the due date.”
What happens if they report me to Datacrédito without notifying me?
You should note that there are two reasons why this report should be deleted:
If they failed to comply with the prior communication and the debtor caught up.
If they failed to comply with the prior communication and the debtor did not pay. But it must be taken into account that the entity can send communication and 20 days later issue the report, so it is important to catch up or make a new payment agreement to avoid appearing incorrectly in the risk centers.
Note that Datacredit It also provides credit scores, which are numerical indicators of the likelihood that an individual or business will meet its credit obligations. These scores are used by financial institutions to make informed decisions about approving credit.
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Likewise, consumers have the right to access their own credit history and credit score in Datacrédito. This allows them to know your financial situation and take steps to improve your rating if necessary.
If an individual detects errors in their credit history, they can file claims to correct the inaccurate information. Datacrédito has established procedures to investigate and rectify any discrepancies.
