Paraguay Law on Protection of Personal Data (Law No. 6534/2020)
Chapter II: Credit information bureaus and their users – Paraguay Law on Protection of Personal Data (Law No. 6534/2020)

Paraguay Law on Protection of Personal Data (Law No. 6534/2020) 18(c): Article 18(c) Notice of sale or assignment of credit portfolios

What does 18(c) require?

Users must inform the bureaus with which they have a service contract of any sale or assignment of credit portfolios to debt purchasers or other assignees within 20 working days of the notification, naming the buyer or assignee, its address and taxpayer number and any other identifying data, and the date of the sale or assignment.

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