Data Processing

Information is submitted to the Central Credit Register within five working days of the last calendar day of the preceding month.

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 be held on the Central Credit Register for a period of five years from the date a loan is paid off.

Credit performance information, such as outstanding balance and number of payments past due will be held on the Central Credit Register for a period of five years from when it was first submitted.

Personal information will be held on the Central Credit Register for a period of five years from the date the last loan was paid off.

The Central Credit Register is being 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.

From 31 March 2018 moneylender loans, local authority loans and business loans are included on the Central Credit Register.

From 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 will start submitting information on hire purchase, personal contract plans (PCPs) and asset finance from 30 June 2019. If there are any payments past due on your account on 30 June 2019 or if any payments are missed in the future, this information will be sent to the Central Credit Register.

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