Dramatic Change in the Loan Market – a National Credit Database is Under Way / Tomer Varon, Galatz 14/3/2016 (Hebrew)

Aside from your familiar identity card, as of today you receive an additional one at the bank: a huge database of credit information will contain your entire payment and debt repayment history, and determine the terms of the loan you are entitled to. Prof. David Levi-Faur of the Van Leer Institute told Galatz that the database will be harmful to citizens.

 

To the article (in Hebrew): http://glz.co.il/1189-78482-HE/Galatz.aspx