There are a lot of misconceptions about KHR in people’s minds. Among other things, being on the KRH list means something negative. It’s not like this. Everyone is added to the KHR list who borrow.

It just doesn’t matter what the status is on the list. Those who have paid off their loans with positive status in the KHR, but who have defaulted on credit, are in negative status. Negative status can be active or passive.

Anyone who has not settled their debt is in active status

Anyone who has not settled their debt is in active status

Who has settled the debt and passive status. In the case of a positive credit history, the debtor can declare how long he / she wants to keep his / her data in the KHR, which becomes available to banks using the KHR. Clients with a negative credit history are not allowed to make a statement and are subject to different rules. This article will tell you what the KHR Credit Defaults record contains.

KHR Credit Defaults records the defaults of natural persons who have defaulted on a credit agreement in excess of the relevant minimum wage and has been in existence for more than 90 days.

Days are calculated from the time when the omission exceeded the minimum wage. If there has been a delay before, but it has not yet reached the minimum wage, it will not count towards the 90-day period. Any omission in excess of the minimum wage must not fall below the minimum wage during the 90-day period, as the 90-day period is recalculated.

In the case of retail credit


The lending institution shall give 30 days’ notice in writing to the client of the expected omission of KHR data . If the customer settles his default before the transfer, no data will be transferred to the KHR.

Banks record each default event as linked to credit agreements registered in the KHR. Defaults can be dealt with by law in the KHR without the client’s specific consent, as opposed to clients with a positive credit history, who can declare their records.

The system distinguishes between live and closed omissions


A credit default is closed when a loss is written off or if the overdue debt is settled in one of the following ways:

  • Any arrears are settled by the customer.
  • The outstanding balance is settled by using collateral as guarantor.
  • The contract will be rescheduled or otherwise settled by mutual agreement without a description of loss.

Defaults are continuously administered. The person who settled the debt will be able to see the data in the system for 1 year from its fulfillment. Defaults closed with a loss are visible in the system for 5 years from the date of closure (up to 10 years from the original data transfer), without the customer’s specific consent, after which they are automatically deleted.