Debt database edges closer

Documents obtained under FoI have shed new light on Ireland’s proposed credit register

27th March, 2016
Some lenders had expressed concerns about the “overall project timelines”, according to the confidential documents

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 resolving what were...

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