CPF and CNPJ financial restrictions: what they are and why consult them

When an individual or company doesn't pay their creditors, is late with loan payments or doesn't pay their mortgage installments, their creditors turn to the credit bureaus to have them "negatived" or create a restriction notice on the bad payer. 

From this moment on and until they settle their payments, the debtor is subject to a financial restriction, a piece of information that will appear in queries to their CNPJ or CPF. The debts that "dirty the name" can be with the government, financial institutions or other companies. 

Each credit bureau has a different restriction system, which is why it can happen that an unpaid debt appears in one consultation service but not in another. There are cases where the information is available on all the credit protection services and others where it is not.

How do I consult by CPF and CNPJ?

The registration of any company can be found in the National Register of Legal Entities (CNPJ), which can be consulted free of charge on the Receita Federal website. 

This query provides basic information about the company, such as its name, business name, activity and legal nature, but does not provide information about its financial situation. 

In order to do this, you need to use more in-depth consultation tools to check for any financial restrictions. Using these tools, you can find out not only whether the company exists legally, but also whether it is a good payer or whether it has accumulated outstanding debts, protests or issued bad checks.

To find out right now if a CNPJ or CPF has any financial restrictions, learn about the 3 types of Restrictions that 4KST offers:

• 4KST Restrictive Market
• 4KST Restrictive Trade 
• 4KST Restrictive Banking

What is the difference between the 3 Restrictives in 4KST Query?

No credit bureau in the entire country has more than 50% of the information on outstanding loans. In other words, this information can vary between bureaus. So, to ensure greater security for your company, we recommend combining restrictions from different sources.

1. 4KST Market RestrictionsThis consultation service provides information on negatives and restrictions from the largest data bank in Latin America, such as unpaid debts, general negatives, protests of titles and other public and official records, as well as PEFIN, REFIN, overdue debts and bad checks.
   
2. 4KST Restrictive TradeThis consultation provides information on restrictive data generated from a bureau that gathers commercial and registration information on more than 130 million companies and consumers nationwide, as well as PEFIN, REFIN, overdue debts and bad checks.

3. 4KST Restrictive BanksThis consultation service provides information on the 5 largest banks in Brazil. For Financial Restrictives: date of availability, date of occurrence, nature of the operation, contract number, CNPJ and company name of the creditor, location, type of participants, amount. And for Judicial Restrictives: date, type of action, process, author, district, forum, court, location, value, holdings in companies and whether they are in judicial reorganization or bankruptcy.

Do you want to find out if your client has any debts or is subject to any financial or legal restrictions? Buy our packages and find out in just a few clicks!

The consultation is done instantly and 100% online. Simply choose a product or value and upload it to your account. You can consult CPF and CNPJ separately, or subscribe to get discounts of up to 50% on plans. The plans have no loyalty and you can buy as you wish and for as long as you need.

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