Credit bureaus in Peru Sample Clauses

Credit bureaus in Peru. A credit bureau is an institution that gathers and distributes information about the credit history of natural and juridical persons. It may be public or private, and may contain positive and negative information. Negative information refers to unpaid or expired debts. Positive information refers to debts in good standing. Full information sharing refers to the exchange of both negative and positive information. Evolution of public and private credit bureaus As a risk information center, the Peruvian public Credit Bureau, operated by the SBS, began its operations in 1968. In 1992, the term “Central de Riesgos” (Risk Central) was introduced in the law. At the beginning, the public credit bureau published its bulletins quarterly, with 6 months of delay. In 1980, the format was changed to use magnetic tapes. Information on current and contingent debt, total debt, and the number of commercial banks with which the individual or enterprise had financial obligations was added. Whereas the original data delivered to each bank only included its own clients and those who had obligations with more than one credit institution, the public credit bureau started delivering information on all clients in 1992. The growth of the microenterprise sector, and consumption credit, in Peru during the nineties generated pressures from risk information customers and the microfinance sector to include information on smaller loans into the information system. Until October of 1997, credit bureaus only managed information on loans larger than US $ 4,500, mainly for technical reasons. In February 1998, information on loans smaller than $4,500 was included into the new computerized system that notably allowed the distribution of information over the internet. At that time, there were 170,000 registries for loans over $4,500, and over 2 millions for loans under $4,500. In the information system, the information provided for the smaller loans contained less detail than the information provided for loans over $4,500. In the meantime, private credit bureaus (Central Privada de Información de Riesgos, CEPIRs) appeared in 1995 as the result of the private initiative. They were Riesgo Cero, CERTICOM and Infocorp. CEPIRs provided the same products as the public credit bureau managed by the SBS, and offered additional information such as information of protests filed at the Chamber of Commerce, credit information from commercial houses, information about taxes, and unpaid bills from the telephon...
AutoNDA by SimpleDocs

Related to Credit bureaus in Peru

  • SBC-12STATE 47.1.1 The terms contained in this Agreement and any Appendices, Attachments, Exhibits, Schedules, and Addenda constitute the entire agreement between the Parties with respect to the subject matter hereof, superseding all prior understandings, proposals and other communications, oral or written between the Parties during the negotiations of this Agreement and through the execution and/or Effective Date of this Agreement. This Agreement shall not operate as or constitute a novation of any agreement or contract between the Parties that predates the execution and/or Effective Date of this Agreement.

  • Remote Call Forwarding 4.2.10.1 As an option, BellSouth shall make available to CCI an unbundled port with Remote Call Forwarding capability (“URCF service”). URCF service combines the functionality of unbundled local switching, tandem switching and common transport to forward calls from the URCF service telephone number (the number dialed by the calling party) to another telephone number selected by the URCF service subscriber. When ordering URCF service, CCI will ensure that the following conditions are satisfied:

  • SBC-13STATE shall provide to CLEC Interconnection of the Parties’ facilities and equipment for the transmission and routing of Telephone Exchange Service traffic and Exchange Access traffic pursuant to the applicable Appendix ITR, which is/are attached hereto and incorporated herein by reference. Methods for Interconnection and Physical Architecture shall be as defined in the applicable Appendix NIM, which is/are attached hereto and incorporated herein by reference.

  • DOMESTIC PREFERENCES FOR PROCUREMENTS To the extent applicable, Supplier certifies that during the term of this Contract will comply with applicable requirements of 2 C.F.R. § 200.322.

  • CFR PART 200 Domestic Preferences for Procurements As appropriate and to the extent consistent with law, the non-Federal entity should, to the greatest extent practicable under a Federal award, provide a preference for the purchase, acquisition, or use of goods, products, or materials produced in the United States (including but not limited to iron, aluminum, steel, cement, and other manufactured products). The requirements of this section must be included in all subawards including all contracts and purchase orders for work or products under this award. For purposes of 2 CFR Part 200.322, “Produced in the United States” means, for iron and steel products, that all manufacturing processes, from the initial melting stag through the application of coatings, occurred in the United States. Moreover, for purposes of 2 CFR Part 200.322, “Manufactured products” means items and construction materials composed in whole or in part of non-ferrous metals such as aluminum, plastics and polymer-based products such as polyvinyl chloride pipe, aggregates such as concrete, class, including optical fiber, and lumber. Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, Vendor certifies that to the greatest extent practicable Vendor will provide a preference for the purchase, acquisition, or use of goods, products, or materials produced in the United States (including but not limited to iron, aluminum, steel, cement, and other manufactured products). Does vendor agree? Yes

  • SBC-7STATE will notify the Commission of the names of all transferred Resale End Users whose local service was terminated pursuant to Section 9.7.5.

  • 200 Domestic Preferences for Procurements As appropriate and to the extent consistent with law, the non-Federal entity should, to the greatest extent practicable under a Federal award, provide a preference for the purchase, acquisition, or use of goods, products, or materials produced in the United States (including but not limited to iron, aluminum, steel, cement, and other manufactured products). The requirements of this section must be included in all subawards including all contracts and purchase orders for work or products under this award. For purposes of 2 CFR Part 200.322, “Produced in the United States” means, for iron and steel products, that all manufacturing processes, from the initial melting stag through the application of coatings, occurred in the United States. Moreover, for purposes of 2 CFR Part 200.322, “Manufactured products” means items and construction materials composed in whole or in part of non-ferrous metals such as aluminum, plastics and polymer-based products such as polyvinyl chloride pipe, aggregates such as concrete, glass, including optical fiber, and lumber. Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, Vendor certifies that to the greatest extent practicable Vendor will provide a preference for the purchase, acquisition, or use of goods, products, or materials produced in the United States (including but not limited to iron, aluminum, steel, cement, and other manufactured products). Does vendor agree? Yes

  • Trade and Economic Mixed Commission 1. The Parties hereby incorporate the Trade and Economic Mixed Commission (Mixed Commission) into this Agreement. 2. The Mixed Commission was established according to the Basic Agreement on Economic and Technical Cooperation between the Government of the People's Republic of China and the Government of the Republic of Peru, signed in Lima, on November 2nd, 1988. 3. The Mixed Commission is composed of officials as follows: (a) for China, the high ranking official of

  • Financial Consumer Agency of Canada If you have a complaint in respect of the disclosure of or the manner of calculating the cost of borrowing or any other consumer protection provision, you may contact the Financial Consumer Agency of Canada (FCAC) by writing to the address given below. The FCAC supervises federally regulated financial institutions to ensure they comply with consumer protection laws. The FCAC also helps educate consumers and monitors industry codes of conduct and public commitments designed to protect the interests of consumers. Federal consumer protection laws affect you in a number of ways. For example, financial institutions must provide you with information about their fees, interest rates and complaint handling procedures. You can reach the FCAC by: Toll-free Telephone: 0-000-000-XXXX (3222) for services in English 1-866-461-ACFC (2232) for services in French Toll-free Fax: 000-000-0000 Email Address: xxxx@xxxx-xxxx.xx.xx Website: xxxxx://xxx.xxxxxx.xx/en/financial-consumer-agency.html (see “contact us” section) By writing: Financial Consumer Agency of Canada 6th Floor, Enterprise Building 000 Xxxxxxx Xxx. Xxxx Xxxxxx, XX X0X 0X0 The FCAC will determine whether the financial institution is in compliance. It will not, however, resolve individual consumer complaints.

  • Line Splitting – UNE-L In the event TWTC provides its own switching or obtains switching from a third party, TWTC may engage in line splitting arrangements with another CLEC using a splitter, provided by TWTC, in a Version: 4Q06 Standard ICA 11/30/06 Collocation Space at the central office where the loop terminates into a distribution frame or its equivalent.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!