The Central Credit Register (the Register) is a new centralised system for collecting personal and credit information on loans.
The Central Bank of Ireland is in charge of operating the Register as set out under the Credit Reporting Act 2013. From 30 June 2017, the Register began collecting and storing personal and credit information from lenders about the loans they give to consumers. Lenders who give out loans of €500 or more will have to transfer information on these loans to the Register. The Register will not collect information about smaller loans of less than €500. The Register will initially include information on loans such as credit cards, overdrafts, personal loans and mortgages. In time, information on other types of lending, such as hire purchase agreements and personal contract plans, will also be included.
