Data Processing

Control of the use of the Public Service Card is set out in Section 263 of the Social Welfare Act 2005. Schedule 5 of that Act contains a list of specified bodies who are permitted to seek the production of public service cards. The Central Bank is not included on the list of specified bodies in this Schedule and therefore cannot seek or accept a public service card as a form of identification for the Central Credit Register. Read more about the identification documents that are acceptable.

Credit information will build up over time until five years of information is shown on the credit report that is provided to you. 

Personal information is be held on the CCR for a period of five years from the date the last loan was paid off.

For an active loan (one where payments are still be made, or are expected to be made, by a lender), a lender will see the most recent two years of payment information on the credit report provided to them.

Please note, if you decide to pay off a loan, or if your loan is closed off by your lender, it is deemed a closed loan.  For a loan closed after 30 June 2017, a lender will see the final two years of payment information.

When the oldest information reaches five years old, each separate entry will be deleted month by month thereafter. The closed loan information will be completely removed from the credit report five years after the last payment was made.

For example, if you pay off a loan in January 2020, the lender will see information back to January 2018.  They will continue to see this information until Jan 2023, when the oldest information (i.e. the information as at January 2018) begins to delete on a monthly basis.  The entire record will have been deleted by January 2025.

 

The Central Credit Register has been implemented on a phased basis, and started with consumer loans such as credit cards, mortgages, overdrafts and personal loans on 30 June 2017. Information has been submitted on a monthly basis since then.

Since 31 March 2018 moneylender loans, local authority loans and business loans have been included on the Central Credit Register.

Since 30 June 2019 information on hire purchase, personal contract plans (PCPs) and asset finance will be included on the Central Credit Register.

This snapshot submitted each month includes information such as of number of overdue payments if any, and amount outstanding.

Personal and credit information has been submitted to the Central Credit Register on a monthly basis since the 30 June 2017 for consumer loans such as credit cards mortgages overdrafts and personal loans. If there were any payments past due on your account on the 30th June or if any payments have been missed since then, this information will be sent to the Central Credit Register.

Lenders have submitted information on moneylender loans, local authority loans and business loans from 31 March 2018. If there were any payments past due on your account on 31 March 2018 or if any payments have been missed since then, this information will be sent to the Central Credit Register.

Lenders have submitted information on hire purchase, personal contract plans (PCPs) and asset finance since 30 June 2019. If there were any payments past due on your account on 30 June 2019 or if any payments have been missed since then, this information will be sent to the Central Credit Register.

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