Economic Impacts of Payment Reporting Participation in Latin America

The Center for Competitive Credit, part of the Political and Economic Research Council (PERC), has released a white paper and full-length study exploring the economic and social benefits derived from credit reporting processes in Latin America. The paper, titled “Economic Impacts of Payment Reporting Participation in Latin America” finds that those countries with a developed lending infrastructure—including a private credit bureau with most creditors participating in a voluntary comprehensive credit reporting system—outperformed all other countries in the region in terms of growth in lending to the private sector and overall economic growth.