Central Credit Register – FAQs
As such a credit history of each borrower is built up over time, and to which any lender may refer when considering a loan/credit application from a borrower.
The type of loans included on the Central Credit Register are as follows:
- Personal Loan
- Credit card
- Charge Card
- Overdraft
- Revolving Loan
- Mortgage Home Loan
- Lifetime Mortgage Plan
- Property Reversion Plan
- Mortgage Buy to Let
- Hire Purchase
- Personal Contract Plan
- Leasing
Subsequently the reporting obligation was extended to business loans. The loan information requires to be provided by each lender to the CCR on a monthly basis.
The CCR holds information about loans existing on 30 June 2017 and any new loans made after that date. The type of loan/credit information that the CCR will store includes the following:
- Amount of all loans
- Type of each loan – such as credit card, mortgage, overdraft or personal loan
- Name of each Lender
- Outstanding loan balance
- Number of overdue loan repayments (if any)
- Date of next loan repayment.
You have the following rights:
- To request at any time from the Central Credit Regsiter your credit report, with the first credit report each calendar year at no charge;
- To insert a 200-word explanatory statement on your credit report;
- To apply to have information in your credit report amended if you believe such information is inaccurate or incomplete or out of date;
- To make a report to the Central Credit Register if you reasonably believe that someone has, is, or is about to impersonate you.
The Central Bank will publish on www.centralcreditregister.ie the exact date when credit reports will become available.
More details of the information held on the Central Credit Register can be found on: www.centralcreditregister.ie
If you wish to communicate with the Central Credit Register, you may do so by email to consumerinfo@centralcreditregister.ie or by telephone on LoCall 890 100 050 or Landline on (01) 224 5500.
NB. Please note that your loan/credit history as maintained on the Central Credit Register will follow you and be available to lenders in respect of any future loans/credit you may wish to take out.