CPF in the note makes the credit score go up?

Often, when making a purchase, the attendant asks if we would like to include the CPF in the invoice. This became quite common after state governments began a program to crack down on tax evasion. In general, consumers start to compete for prizes and advantages when the CPF is added to the invoice. In addition, many believe that this will help improve the credit score on Serasa. But will this really happen? See below for more on this topic.

Read more: Learn how to settle your debts and increase your Serasa score

What is credit score?

The so-called credit score consists of a point system that systematizes consumers based on their ability to pay bills. The score ranges from 0 to 1000 and represents a person's financial reputation. Therefore, the higher the consumer's score, the better it is.

It can be said that this resource is an important decision-making tool for companies and banks. This is because scores are benchmarked to minimize the risk of default before extending credit to consumers.

CPF in the note increases the score: myth or truth?

Putting the CPF on the note does not change the amount of credit score (whether it increases or not), as credit protection agencies do not use this tool to calculate the score.

In such an occasion, requiring the CPF to be placed on the invoice at the time of purchase does not change your credit score. Because, in fact, the CPF on the note is an initiative of the state government to control taxation of companies, the ICMS (Tax on Circulation of Goods and Services) and to combat evasion Supervisor.

Here are the factors that, in fact, are important to raise your credit score:

• Have a good track record, in the case of good payers;
• Pay or negotiate a debt that made you negative;
• Installment (although it is curious, the installment is important for companies to be sure of their commitment to pay their bills on time);
• Keep your data on credit protection bodies up to date (the easier it is to locate and identify transactions, the easier it will be to increase the score);
• Be aware of how often you apply for credit, as this could mean that you are not able to control your finances.