Tuesday, 18 June 2019

Ceisteanna (151)

Michael McGrath

Ceist:

151. Deputy Michael McGrath asked the Minister for Finance the number of records held by the Central Credit Register in respect of individual borrowers by the type of loans collated, the number of borrowers and the statistics in aggregate form of records of payments missed across the categories in tabular form; and if he will make a statement on the matter. [25485/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

Section 30 of the Credit Reporting Act 2013, provides that "The Bank may produce—

… and

(b) general reports, analyses and statistics from which credit information subjects

cannot be identified ."

The Central Credit Register is focusing on the completion of the timeline for the submission of information to the Central Credit Register by lenders. In this regard, Hire Purchase, PCPs and similar type products will be brought onto the Register on 30 June 2019.

I have been advised by the Bank that it has not yet acted under the powers provided by Section 30, but intends to do in the future, once a full review and analysis of the statistical information on the Central Credit Register has been completed.