Circulo de crédito

Círculo de Crédito is one of two authorized credit bureaus operating in Mexico, functioning as a Sociedad de Información Crediticia regulated by the Comisión Nacional Bancaria y de Valores, the Secretaría de Hacienda y Crédito Público, Banco de México, CONDUSEF, and PROFECO. Founded in 2005, the company collects, manages, and safeguards information on the payment behavior of individuals and businesses throughout Mexico. The bureau maintains data on over 75 million Mexicans and manages over 700 million data points, serving more than 3,500 B2B clients including banks, retailers, fintechs, proptech companies, telecommunications providers, government entities, financial institutions, and insurance companies. Círculo de Crédito offers a range of products and services for both institutional clients and consumers. For businesses, it provides credit risk assessment tools, scoring solutions, and fraud detection services through strategic partnerships with FICO and Credolab. The company introduced FICO Score 4 and FICO Extended Score in Mexico in 2014, which have been used to make over 200 million credit decisions and grant over $120 billion in loans. For individual consumers, Círculo de Crédito offers credit reports, credit scores, monitoring alerts, and dispute resolution services. Mexican residents can access their Reporte de Crédito Especial once per year free of charge, with additional reports available starting at 34.50 MXN. The company has positioned itself as a key enabler of financial inclusion, having helped an additional 20 million Mexicans access credit through innovative data analytics and alternative scoring methodologies. Círculo de Crédito operates a mobile application and digital platform that allows consumers to monitor their credit health, review their payment history, and improve their credit scores to access better financial products.