The Central Credit Register (CCR) is a new national database of credit information on loans of €500 or more. It is set up and operated by the Central Bank of Ireland under the Credit Reporting Act 2013 (the "Act"). Phase 1, which focuses on personal customers, commenced on June 30th 2017. Phase 2, which focuses on lending to businesses, commenced on March 31st 2018.
Since March 31st 2018, all lenders nationally have been supplying relevant information, including identification information and credit information, in relation to credit agreements to non-consumers, including sole traders, groups of individuals (partnerships, clubs and associations) and legal entities, to the Central Credit Register each month.
From March 2019, lenders must request a credit report from the Central Credit Register when a non-consumer applies for credit of €2,000 or above before approving any application, in order to comply with the Credit Reporting Act 2013.