Debt database edges closer
Documents obtained under FoI have shed new light on Ireland’s proposed credit register
A database of debts, as a resource for both lenders and borrowers alike, has long been mooted, and is slowly edging closer to becoming a reality.
Legislation providing for the establishment of a central credit register was enacted in 2013, paving the way for a database of all debts to be set up.
Speaking that year, the Minister for Finance, Michael Noonan, said that a register of debts would “go some way to ...