Data Protection

Your lender is responsible for the accuracy of the data that they send to the Central Credit Register. While it is still in their possession, they are a data controller under the Data Protection Acts. 

Once the data is received by the Central Credit Register the Central Bank of Ireland becomes the data controller.

If you believe some of your data is inaccurate on your credit report, you have a right to request that the data be amended. Follow the instructions in our factsheet how to request an amendment to my information.

If you have asked the Central Credit Register to amend your information, we will try to resolve the issue as soon as possible. If we need to contact your lender or seek further information from you, this will extend the time needed.
We will respond with a decision not later than 40 days after you have made a valid application. In other words, you must complete an application and provide information to support your request together with your identification documents before we can process your request.

No. The Central Credit Register does not create lists of defaulters. Lenders can only request credit reports for a permitted purpose, such as an application for a new loan.

Each lender may make their own decision whether to approve or decline a loan, based not only on a credit report, but also details of income and assets, their own lending policy and any other information that they may require. 

Yes. The Credit Reporting Act 2013 and the Regulations provide the legal basis for the collection and processing of PPSNs. In addition, the Central Bank of Ireland consulted with the Office of the Data Protection Commissioner in advance of publishing the Regulations.

Each time a lender accesses your credit report, they leave a footprint. A footprint is a record of the date, the lender name, and the reason why that particular lender sought your credit report.

The footprint is shown at the end of the report for a period of five years after a lender last requested access.

A footprint looks like this:

Credit Information Provider Name Enquiry Date Function Purpose
ABC Bank 12/11/2020 New Credit Application New Credit Application
DEF Bank 01/03/2020 Monitoring Enquiry Restructure
GHI Finance 10/12/2019 Monitoring Enquiry Breach of Terms
JKL Credit Union 15/05/2019 New Credit Application New Credit Application

 

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