Over-indebtedness: will the positive file be effective?
The Hamon law passed in September 2013 put an end to the debate: the National Register of Credits to Individuals (RNCP) should be created in late 2014. For years, the creation of this “positive file” has agitated parliamentarians and institutions lenders. Now, the question is no longer whether or not there will be a positive file but whether it will be effective.
The objective is twofold: On the one hand to better manage, but also stimulate, the distribution of credits, on the other hand to help fight against over-indebtedness of households by educating subscribers and by creating transparency and security procedures for pretenders.
First flat expressed
It will the fact that the RNCP does not include mortgage loans be an obstacle to its action? According to Erwin Dulanty, vice president of Lite Lenders: “There is a problem of consistency here. But this criticism must be tempered because mortgage credit is difficult to conceal. The lender is always concerned with whether the borrower is the owner or the tenant. ”Other questions arise: The RNCP should only take over the debts concluded after its creation. Prior art.
The positive file would thus be almost empty during the first weeks. Not offering visibility on past credits, will the file play its role of safeguard with the lenders?Not having a faithful image of the customer in front of them, will they be able to avoid granting the “excess credit”? In addition, the implementation of the RNCP could initially lead to an increase in the number of over-indebtedness filings (232,000 in 2013), since over-indebted people will be identified more quickly. Will this mean that it is inoperative? According to some analysts, the positive file would not allow to assess the number of loans refused thanks to it, and therefore to be able to estimate the decrease in excessive lending.
Likewise, it seems difficult to say for each borrower what is the “excess credit”, each having their own repayment capacity. and therefore to be able to estimate the decrease in excessive lending.Likewise, it seems difficult to say for each borrower what is the “excess credit”, each having their own repayment capacity. and therefore to be able to estimate the decrease in excessive lending. Likewise,
What then will be the advantages of the positive file?
“It’s a start, after 20 years of procrastination,” recalls Jenny Kuntz, president of the federation of Cream associations. According to him “the RNCP will be created over time and will evolve. For the moment, we have to accept it as it is. ”Most countries today have a credit register. Only a few countries still underdeveloped, and France, had not set up this register. If it is true that the proportion of credits per inhabitant is low in France, which makes say that our country is little indebted (approximately 2000 dollars per person), It should also be remembered that people with active credit generally borrow are more important than elsewhere .For example, the average amount of an over-indebtedness file in France is 38,000 dollars, against 15,000 dollars in Belgium.
In all cases, the positive file will allow a more precise visibility of the state of indebtedness of French households. His critics claim that he suffers from serious handicaps. His supporters claim that he will participate in achieving three objectives: to supervise and stimulate the production of credits, to reduce debt levels and default in regulations, to reduce the number of over-indebted households.