What is included on the Central Credit Register?
Types of Borrowers
Types of borrowers included on the Central Credit Register are:
- Sole traders
Types of borrowers can also include any other entities that are resident in the State at the time of making the credit application, for example clubs or associations, or where the credit agreement is governed by Irish law. Guarantors who provide guarantees or indemnities will also be included in the future.
Types of Lenders
Over 500 lenders are included on the Central Credit Register such as:
- Asset finance houses
- Credit Unions
- Firms that have acquired loan books from Irish financial institutions in recent years
- Licensed moneylenders
- Local authorities
Types of Loans
Loans are included on the Central Credit Register if the loan is for €500 or more and:
- The borrower lives in the State at the time of applying for a loan or,
- The loan agreement or loan application is governed by Irish law. * Hire purchase and Personal Contract Plans (PCPs) are not included at this time, but it is intended that they will be included in the future.