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R.AI., A.S.N.E.F.

English translation: RAI,ASNEF, (Private Registers of Debtors in Arrears/In Default/Bankruptcy)


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:R.AI., A.S.N.E.F.
English translation:RAI,ASNEF, (Private Registers of Debtors in Arrears/In Default/Bankruptcy)
Entered by: peterinmadrid
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17:42 May 16, 2006
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Companies in crisis
Spanish term or phrase: R.AI., A.S.N.E.F.
Prestamos Hipotecarios :
Falta de justificación de ingresos.
Levantamiento de embargos.
Deudas atrasadas.
Cancelación de deudas (R.AI., A.S.N.E.F.).
peterinmadrid
Local time: 08:23
RAI,ASNEF, (Private Registers of Debtors in Arrears/In Default/Bankruptcy)
Explanation:
These are the two best known private Registers in Spain that inform the financial entities,banks and any company that is going to extend credit to somebody the situation of the potential debtor.

These Registers are in the process of being severely questioned (in Argentina it happened with the "Veraz") , since the Spanish Courts have considered that they invade the privacy and data protection rights of individual persons.
Selected response from:

MikeGarcia
Spain
Local time: 07:23
Grading comment
Thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +3RAI,ASNEF, (Private Registers of Debtors in Arrears/In Default/Bankruptcy)
MikeGarcia
5RAI, ASNEFMcFly


Discussion entries: 2





  

Answers


38 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
RAI,ASNEF, (Private Registers of Debtors in Arrears/In Default/Bankruptcy)


Explanation:
These are the two best known private Registers in Spain that inform the financial entities,banks and any company that is going to extend credit to somebody the situation of the potential debtor.

These Registers are in the process of being severely questioned (in Argentina it happened with the "Veraz") , since the Spanish Courts have considered that they invade the privacy and data protection rights of individual persons.

MikeGarcia
Spain
Local time: 07:23
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 448
Grading comment
Thank you!

Peer comments on this answer (and responses from the answerer)
agree  Hebe Martorella
23 mins
  -> Gracias, Hebe.-

agree  Rebecca Jowers
1 hr
  -> Thanks, Rebecca.-

agree  Matthew Smith: A model answer
1 hr
  -> Matthew, I'm flattered...and blushing.-
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40 mins   confidence: Answerer confidence 5/5
RAI, ASNEF


Explanation:
They are two agencies that show information about unpaid debts. If you're on the list, banks won't give you any credit.

RAI= Registros Aceptos Impagos
ASNEF=Asociación Nacional de Establecimientos Financieros de Crédito

You should leave them as they are.

http://www.marketingdirecto.com/noticias/noticia.php?idnotic...




McFly
Local time: 02:23
Works in field
Native speaker of: Native in SpanishSpanish
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