Dexia debts scrapped by credit bureau

The credit registration agency BKR has scrapped the names of hundreds of thousands of people from its debt register who lost money on the controversial share lease construction developed by Dexia.

A negative rating on the BKR register can stop people being given credit.
Some 500,000 of the 750,000 share lease policies sold by Dexia are on the BKR register, the Financieele Dagblad reports.
People borrowed money to buy shares, but their investments failed to generate enough money to pay back the loan. Investors say they were mis-sold the policies.

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