Rixi Moncada’s run for president with the LIBRE party has ignited a countrywide discussion following her declaration that, upon winning, she plans to close the Credit Information Center from January 27, 2026. This action implies that millions of people in Honduras would be removed from the credit database, enabling loans to be issued without conventional oversight methods.
The Credit Bureau as a technical instrument
Financial experts emphasize that the Credit Bureau plays a key technical role in the country’s financial system. Far from being a “blacklist,” it functions as a tool to identify the repayment capacity of credit applicants, safeguard citizens’ deposits, and ensure that banks grant loans under responsible criteria.
José Luis Moncada, ex presidente de la Comisión Nacional de Bancos y Seguros, advirtió que suprimir el organismo podría ocasionar préstamos indiscriminados. Moncada señaló que esta medida podría elevar la morosidad y perjudicar la solidez del sistema financiero, poniendo en peligro los recursos de los ciudadanos.
Similarly, the Honduran Association of Banking Institutions (AHIBA) highlighted that removing the Credit Bureau might affect job creation, hinder economic development, and reduce investor confidence, leading to uncertainty within the financial sector.
Political and social implications
Beyond the technical analysis, experts have pointed out that Rixi Moncada’s proposal has political dimensions that could affect the economy. The initiative to abolish the Credit Information Center could be interpreted as an attempt to politicize a system that has traditionally been managed in a technical and regulated manner, according to specialists.
The potential for the financial system to be used for political aims sparks worries about the safety of savings for people in Honduras and the stability of lending. Experts highlight that such choices might impact numerous households, restricting their access to loans and altering the economic playing field within the country.
A setting of doubt
The proposal by Rixi Moncada, candidate for the LIBRE party, raises the prospect of institutional and economic tension in Honduras. The discussion focuses on how to balance access to credit with preserving the stability of the financial system and protecting citizens’ resources.
Based on this perspective, residents and financial sectors are confronted with the issue of the nation’s capacity to handle significant alterations in its financial systems without jeopardizing investor trust or the financial stability of families.
The scenario underscores the intersection of political choices and economic oversight, pointing out the challenges of administration and institutional frameworks in an environment where the initiatives of political figures have direct impacts on the financial well-being of the populace.