Entering the national file of loan repayment incidents occurs in the event of non-repayment of a loan. It is then impossible to borrow for a period of five years or until the incident is resolved. To avoid a situation of over-indebtedness, a credit redemption makes it possible to group the various credits by lowering the amount of monthly payments.
What is the national file of personal credit repayment incidents?
The FICP is a listing of the Banque de France, created in 1989, which lists information on incidents of repayment of credit to individuals and deals with everything related to overindebtedness. It can also report incidents related to bank overdrafts. In the event of a credit repayment incident, the registration period is up to five years and access to checks and credit cards may be suspended as well as access to conventional lending methods. If there are no other banking incidents in the meantime, the file ends.
Filing can occur as soon as a payment is not honored (check rejected, no provision, etc.) and can occur when two monthly loan payments are not honored. The bank or credit institution may disclose the incident and apply to register with the FICP (Personal Credit Credits Incentive File).
How to get out? And how to avoid it?
Before being in a situation of over-indebtedness, one can think of the process of regrouping credits. The credit redemption makes it possible to group the loans in one: there is only one credit with a single and lower monthly payment, which allows to find a more important life and to avoid budgetary tensions. To do this, the loan period is lengthened.
It is also possible to set up an over-indebtedness file at the Banque de France. To exit the FICP, it must be proven that the amounts due are reimbursed. It is also possible to contact the Banque de France to know the creditors who have applied for registration in the FICP file and why not contact the mediator of his bank. Asking to reschedule debts is also an option.