Explainer - What is the Central Credit Register?

Central Credit Register

The Central Credit Register (the Register) is a centralised system that collects and stores information about loans.

It is operated by the Central Bank of Ireland under the Credit Reporting Act 2013.

From 30 June 2017, the Register began to collect personal and credit information from lenders about consumer loans.

From 31 March 2018, the Register began collecting information on other types of loans such as business loans and loans from moneylenders.

In time it will also collect information on hire purchase agreements and personal contract plans.

Loans that the Register collects information on include:

  • Credit cards
  • Overdrafts
  • Personal loans
  • Mortgages
  • Business loans
  • Moneylender loans
  • Loans from local authorities.

The information is stored securely and used to generate individual credit reports on borrowers.

The Register only collects and stores information on loans of €500 or more.

It does not collect information on loans under €500.

Reason for the Register

The Register was established to support the Central Bank’s role of supervising the financial sector and ensuring financial stability.

It does this by helping lenders, borrowers and the Central Bank in relation to lending.

Lenders can use credit reports generated by the Register to get a picture of a borrower’s credit history.

This information can help them to decide if they should approve an application for a loan.

Borrowers can request their credit report at any time, to see the information lenders hold on them. 

Credit reports

Credit reports are now available for borrowers and lenders to request.

You can request your credit report anytime, free of charge, subject to fair usage. 

In order to uphold your data protection rights, you will be required to produce identification documentation when you make a request.

Lenders can only access your credit report when:

  • You apply for a new loan
  • You apply to restructure an existing loan
  • You have arrears on an existing loan
  • You breach the terms of a credit card or overdraft.

No other person can access your credit report without your consent.

Each time a request is made to access your credit report it is recorded as a “footprint”.  

This is a record of all the dates that a Credit Report has been requested, by whom and purpose of the enquiry.

For full information on how to request a copy of your credit report see Submit a request.

For information on your rights see Your Rights.

Further information

You can find out more about the Register at www.centralcreditregister.ie or by contacting us at:

Email:           myrequest@centralcreditregister.ie

Lo-call:          1890 100 050

Landline:       +353 (0)1 224 5500

See also: