Amendments to Ordinance No 22 on the Central Credit Register are recently adopted.
The major ones introduce the opportunity for individuals to obtain information electronically from the Central Credit Register (CCR).
It is provided for the individuals to apply for information about their indebtedness electronically by the CCR. The applicant should have qualified electronic signature certificate, issued by a registered trust services provider under the Law on Electronic Signature and Electronic Trust Services.
Provision of information is free of charge and shall be completed within a 14-day period. The lowest fee for issuing a reference by the CCR under submitted paper application is 2 leva, as the timeframe in this case is 7 days and the highest fee amount is 20 leva in which case the reference should be issued within 4 hours. The information could also be provided within 24 hours and the due fee in this case is 10 leva. The new amendments to the Ordinance provide that electronic service charges are set at 50% of those provided on paper.
Of particular importance is the liable entities as per the Ordinance shall submit in the CCR information for the individuals, who are co-debtors and guarantors on credits not later than 3th of September 2019.