New rules covering debt registration in the Netherlands do not go far enough and thousands of people remain on the official list of debtors, even though they have paid off all they owe, the Dutch privacy watchdog Autoriteit Persoonsgegevens said on Tuesday. The credit registry Bureau Krediet Registratie currently maintains a note next to the names of people who have …
The national debt registration office, BKR, wants the power to include personal mortgages in its registry in the near future, in order to obtain and provide a more complete picture of household debt. The reasoning is that lenders can better fulfill their duty of care if the credit bureau also keeps track of consumer mortgage debt, a spokesperson for the …
