00:00Mexico's credit information system is more powerful than you might think.
00:04According to the World Bank, they track something called the Credit Information Index.
00:09It measures how well a country's credit reporting system actually works.
00:13The scale goes from 0 to 8.
00:15Higher scores mean better access to credit information for lenders and borrowers.
00:20Mexico scores a 6 out of 8.
00:23That's actually pretty solid, compared to many countries.
00:26It means credit bureaus share comprehensive data about borrowing history.
00:31This helps banks make smarter lending decisions,
00:34and it helps you get better loan terms when you have good credit.
00:38Want to learn more about global financial indicators?
00:42Follow for more insights from the World Bank data.
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