IDEAS home Printed from https://ideas.repec.org/a/nbb/ecrart/y2006mjuneiip83-87.html
   My bibliography  Save this article

Credits to individuals – Analysis of the data recorded by the Central Individual Credit Register

Author

Listed:
  • H. De Doncker

    (National Bank of Belgium, Microeconomic Information Department)

Abstract

Since 1 June 2003 the file of the Central Individual Credit Register has recorded information relating to all consumer credits and mortgage loans contracted by natural persons for private purposes, as well as any payment defaults resulting from these loans. This registration aims to strengthen the means of preventing the excessive indebtedness of private individuals. On demand of the Accompanying Committee of the Central Individual Credit Register the data of this unique and quasi exhaustive database have been thoroughly analysed in 2005. In the article, some of the results of that analysis, which was published in January 2006 in Working Paper n° 78, are given. More specifically, the article investigates borrowing and payment behavior according to debtor characteristics. The analysis finds that borrowing patterns, especially as credit portfolio composition is concerned, clearly diverge according to age and residence. Furthermore, striking differences were found for the percentage of loan defaults if these variables were taken into account. In particular, the article comes to the conclusion that loan defaults aggregated at the regional level show remarkably strong correlations with economic and demographic factors.

Suggested Citation

  • H. De Doncker, 2006. "Credits to individuals – Analysis of the data recorded by the Central Individual Credit Register," Economic Review, National Bank of Belgium, issue i, pages 83-87, June.
    • Handle: RePEc:nbb:ecrart:y:2006:m:june:i:i:p:83-87
    as

    Download full text from publisher

    File URL: https://www.nbb.be/en/articles/credits-individuals-analysis-data-recorded-central-individual-credit-register
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    credit bureau; consumer credits; mortgage loans; loan payment defaults;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • D18 - Microeconomics - - Household Behavior - - - Consumer Protection
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • G29 - Financial Economics - - Financial Institutions and Services - - - Other
    • R29 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbb:ecrart:y:2006:m:june:i:i:p:83-87. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/bnbgvbe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.