Dáil Éireann Debate, Thursday - 26 March 2026
209. Deputy Roderic O'Gorman asked the Tánaiste and Minister for Finance whether there is a mechanism for review or clarification of Central Credit Register reporting practices where an individual is unhappy with the inclusion of an entry on their credit report; and if he will make a statement on the matter. [23331/26]
Amharc ar fhreagra210. Deputy Roderic O'Gorman asked the Tánaiste and Minister for Finance the policy towards the recording of old debts on a credit report; and if he will make a statement on the matter. [23332/26]
Amharc ar fhreagraI propose to take Questions Nos. 209 and 210 together.
The Central Credit Register (CCR) is established by the Central Bank of Ireland under the Credit Reporting Act 2013.
The Act provides that lenders must submit specified personal and credit information to the CCR on all loans for €500 or more, and make an enquiry on the CCR when considering a loan application for €2,000 or more.
Lenders are obliged to report information that is accurate, complete and up to date and the consent of the borrower is not required for this.
Credit information submitted by lenders in respect of loan agreements is held on the CCR for a period of a maximum of five years at any given time.
Where all of the liabilities under a loan agreement have been repaid, written off or discharged, credit information continues to be held on the CCR for a period of five years.
If a borrower defaults or ceases to make repayments and the loan has not been repaid, written off or discharged, then information in respect of that loan agreement may continue to be reported to the CCR.
If a person believes that their information on the CCR is inaccurate, incomplete, or not up to date they can request an amendment to that information. Additionally, a person can place an explanatory statement on their credit report to provide further information regarding their record.
An explanatory statement will be visible when a lender, the borrower or a person to whom the borrower has given consent asks for the credit report. A borrower can initiate either of these processes on the CCR website: www.centralcreditregister.ie.
