The credit responsibilities map is an important financial document. As the name suggests, it maps individuals' financial issues.

The official name of this document is “Map of Credit Responsibilities of Banco de Portugal”. It is managed by the Credit Responsibility Center (CRC).

Therefore, it is a financial document that analyzes the credits in a person's name, how much payment is being made, the existence of guarantees, risks, guarantors, etc.

In this way, it is like a financial x-ray of great importance for consumers. With it you can have more knowledge about your finances.

Also, about your image as a consumer in the market. Below, find out more about the document and what information it contains.

The map focuses on existing credits that are still being paid. Here it is important to highlight that it does not only analyze outstanding debts.

Therefore, all your financial transactions that are still in payment – such as credit cards, store credit, financing and various credits – are important here.

Check out the types of credits that come into focus in the credit responsibility map:

Furthermore, be aware that the map also indicates which credits you are a guarantor or guarantor for. See also the data contained in the financial document:

Furthermore, when you appear as a guarantor or guarantor of a credit for a third party, there is other information that may appear in the credit responsibilities map.

It corresponds to “potential debt” and refers to debt that does not exist, but that has the risk of coming into existence. The annotation is due to the analysis of the financial habits of the person being evaluated.

This document is important for the consumer to have an idea of what their image is like in the market. But not only that! It can also be interesting summary about all your financial obligations and debts.

In this sense, see that the map can be a great document for financial monitoring and also for visualizing fraud related to the contracting, by scammers, of financial products and services in your name.

Finally, the map of credit responsibilities is also a good indicator of your chances of obtaining a loan, regardless of its nature.

After all, consider that the bank will always analyze the risk according to your financial data. 

Therefore, those who have a greater number of outstanding installments tend to present more risks to the bank, as they have more financial commitments.

Furthermore, these installment expenses compromise the consumer's budget, increasing the effort rate.

Check out the step-by-step guide to obtain a map of responsibilities. The process is all online and easy, so it only takes a few minutes. Look:

It is interesting to analyze the document from time to time. This gives you several benefits, such as financial control and security against scams.

Furthermore, it is ideal to obtain it before applying for credit on the market. Regardless of whether it is a card or loan, be aware that the map can show you some outstanding issues.

With it you can regularize any situation that is not up to date or that could reduce your reliability. 

This would lead to increased risk for banks and increased interest rates, as well as reduced credit opportunities. To prevent this from happening, have a map of credit responsibilities.

Finally, be sure to use the document before taking on new debts. It serves very well as a reminder of all your financial obligations.

In this case, it is up to you to resolve the situation. Contact the institution to negotiate the debt. To do this, you can try refinancing, for example.

Another solution is to simply pay off the debt. With this, it ceases to exist and its name will be removed from the Banco de Portugal blacklist. Also, the map will no longer show default.

If it is not a debt contracted by you, be sure to inform the creditor bank. Then, follow the instructions given by the institution and the necessary legal procedures.

Finally, if you are on the Banco de Portugal blacklist, see what you need to do to regularize the situation.