12 November 2018
From 30 June 2019, lenders will be obliged to report information on all hire purchase (including PCPs), asset finance and similar lending to the Central Credit Register. This includes lending to consumers and non-consumers.
This is as a result of a recent amendment to the Credit Reporting Act 2013 which brings hire purchase (including PCPs), asset finance, and similar lending within the scope of the Central Credit Register.
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