Leasing contracts

• Loan number
  • The loan number is a unique loan identifier created by the lender.
• Loan contract concluded
  • The date of conclusion is the date when you and the lender concluded a binding contract.
• Peer-to-peer loan
  • The lender reports to the register whether they have brokered the loan as a peer-to-peer loan broker. Brokering of a peer-to-peer loan refers to a situation where a private individual, for example, borrows money to another private individual through a company acting as a peer-to-peer loan broker.
• Start date of the contract period
  • The start date of the contract period is agreed on between you and the lender. If you have not agreed on the start date, the start date of the contract period is the date when the contractual rights and obligations of the lender and debtor become effective.

Name for marketing purposes

• The lender reports its own marketing name or auxiliary business name to the register. ‘Marketing name’ here refers to the name that the lender uses for the purposes of marketing.

Identifier

• The lender's identifier is the company's Business ID. If the lender is non-Finnish, it reports a foreign business ID instead of a Finnish Business ID.

Official name

• The lender's official name is the trade name registered in the Trade Register.
  Please note that the lender’s marketing name and official name are not necessarily the same. If you have any questions about your loan data, always check the lender’s official name and make sure you contact the lender with the official name. 

Here you can see the number of debtors in your loans.

• You can see the first and last names of debtors who have a Finnish personal identity code. If a co-debtor does not have a Finnish personal identity code or is a company, for example, you do not see their name. 

At Loan currency, you see in which currency the loan was granted to you.

The lender reports your one-time loan expenses to the register. The one-time expenses include:

• expenses and fees charged for a loan application and conclusion of a loan contract
• fees charged for the use of a certain payment instrument
• loan arrangement fees 
• service fees or the like 
• fees payable to a loan broker when a loan contract is made or a credit opened 
• separate charges for transferring loan capital to an account, such as additional charges for expedited processing or withdrawal. 

• Instalment
  • An instalment is a monthly amount payable under your leasing contract. The instalment contains the loan principal, interest and expenses.
• Interest included in the instalment
  • Interest included in your monthly instalment.
• Other expenses included in the payment
  • Any expenses that are included in your monthly instalment in addition to the interest.

• Transaction price
  • If the leasing contract requires that you should purchase the leased item at the end of the contract period, the lender reports the agreed transaction price here.

The e-service shows whether your loan is a loan as referred to in the Consumer Protection Act, such as a home loan, student loan or car loan.

Examples of a goods or services related credit include a credit card and a loan granted for the purchase of a car.

• This data item is reported only on consumer credits. In other words, if you have taken out a loan of this type in the capacity of business name entrepreneur for purposess of business, the data is not shown in the e-service.
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• The loan has delayed amounts
  • If delayed amounts have been reported for your loan, you will see it here. The information is reported as Yes/No.
  • The lender reports delayed amounts to the register only if they are at least 60 days late.
  • The lender will remove the delayed-amount entry when you have paid the delayed amount in full.
• The loan has been accelerated 
  • If your loan has been accelerated to be paid in full, you will see it here. The information is reported as Yes/No.
  • Note that if the loan has been accelerated for a reason other than a delayed amount, information about the acceleration is not shown in the register.
  • The lender will keep informatioin about the acceleration in the loan information until the loan contract has been acclerated. A new payment plan agreed on with a debt collection agency, for example, to pay an accelerated loan does usually not cancel the acceleration. You can discuss acceleration in greater detail with your lender.
• The loan is included in a payment plan in a debt arrangement
  • If your loan is included in a payment plan in a debt arrangement confirmed by a court of law, you will see it here. The information is reported as Yes/No.
• The loan is included in a business restructuring program
  • If your loan is included in a business restructuring program confirmed by a court of law, you will see it here. The information is reported as Yes/No.
• The loan has been transferred from another lender
  • If the original lender has transferred your loan to another lender, you will see information about the transfer here. The information is reported as Yes/No. The lender may also decide not to report the information, in which case you will see the text ‘No data has been reported’. 
• The loan is transferred to another lender
  • If your loan has been transferred to another lender, you will see it here. The information is reported as Yes/No. The lender may also decide not to report the information, in which case you will see the text ‘No data has been reported’.
• The loan has ended
  • The information is reported as Yes/No.
  • When the lender reports a loan as ended, the loan details will no longer be shown in the e-service or on credit register extracts.
  • If the loan is transferred to another lender, the loan may be shown as ended for a few days before the loan data is removed from the register.
• The accuracy of loan data has been denied
  • The information is reported as Yes/No.
  • This is shown when you have denied the accuracy of loan data and requested that the processing of your data should be restricted on the basis of Article 18 of the EU General Data Protection Regulation. Information that you have denied the accuracy of loan data will be disclosed to lenders on your credit register extracts.
  • We will remove the entry upon your request.
  • The entry will also be removed when we have verified the accuracy of the data you had denied or the lender has corrected any incorrect data.
• Borrower’s Business ID is linked to the loan
  • If a loan has been granted for your business operations, your – i.e. the borrower’s – Business ID will be shown here. 

Here you will see when the lender last updated the loan data. The lender may have updated one or more data items.