What is RCI?
RCI stands for "Ribers Credit Information" and is a Danish credit information company that collects and disseminates information about people's payment history.
RCI receives information from creditors, such as banks and credit card companies, about people's payments, accounts, loans and other financial obligations. This may include information about payment history, such as whether the person has paid on time or is in arrears, as well as information about the person's financial situation, such as income and assets.
The RCI's information is used by banks, credit card companies, telecom operators, shops and other traders when assessing applications about credit or loans, and it can also be used by employers, tenants and other people or organizations who want to investigate a person's financial situation.
It is important to note that RCI only has information about people who have had credit or loans in Denmark. It is also important to note that a person can have a negative history with RCI if they have had problems paying on time, but this does not necessarily mean that the person cannot get credit or loans in the future.
You will be registered in RCI if you are a poor payer.
How do I get out of RCI?
There are several ways to get out of RCI, here are some general steps that can help you improve your credit rating and remove your registration with RCI:
- Pay your arrears: The most important step to getting out of RCI is to pay your arrears and ensure that your accounts are up to date and in good standing. This may mean that you have to contact the creditors you owe money to and make a payment agreement so that you can get your debt paid back in instalments.
- Keep track of your bills: It is important to keep track of your bills and ensure that you pay them on time. It can help to avoid ending up in RCI in the future.
- Apply for credit: After paying your arrears and ensuring that your accounts are in good standing, you can start applying for credit again. It can help improve your credit rating and make it easier to get credit in the future.
- Waiting: It can take time to get a better credit rating and to be removed from RCI. It is normal to wait a few months after paying off your debt.
It is important to note that improving your credit rating and getting out of RCI can take time and often requires a combination of several different measures. It is also important to check how your debt is registered with RCI, to ensure that you pay the right debt.