CCR Can I avoid
- Thread starter cremeegg
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newirishman
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Got the same information today.
Look at the Terms & Conditions of your accounts - I am pretty sure you will find that part of their T&C's they tell you that they will share such information to the relevant registers.
Also, the central credit register is not some random third party. It is operated by the Irish Central Bank, and therefore (at least technically) much more preferable over the ICB, which is owned by the financial institutions.
You will find that there's isn't much you can do. The Credit Reporting Act 2013 covers this from a legal point of view.
Follow the link below for the details:
[broken link removed]
Look at the Terms & Conditions of your accounts - I am pretty sure you will find that part of their T&C's they tell you that they will share such information to the relevant registers.
Also, the central credit register is not some random third party. It is operated by the Irish Central Bank, and therefore (at least technically) much more preferable over the ICB, which is owned by the financial institutions.
You will find that there's isn't much you can do. The Credit Reporting Act 2013 covers this from a legal point of view.
Follow the link below for the details:
[broken link removed]
I thought the letter was a bit pointless... given that there is absolutely zero action you can take to prevent it from occurring.
When you add up the cost of all those letters to everyone with a loan, relating to ALL loans ... Surely emails comms, news alerts on websites etc and information in the national media would be sufficient.
When you add up the cost of all those letters to everyone with a loan, relating to ALL loans ... Surely emails comms, news alerts on websites etc and information in the national media would be sufficient.
newirishman
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I'm with Ulsterbank who sent me an email, so no printing / postage costs etc.
But given how often we read that people "didn't get a letter" and therefore didn't react/refuse to pay/get in touch/whatever (also on this forum) I would think that sending physical letters is seen as a Good Thing.
In general I would agree better to get a letter, but given that there's no "reaction" the receiver can take here it seems like something that will just annoy people like the OP!
newirishman
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Again, have you checked Terms and conditions of the relevant accounts?
You might already have given them the permission.
you do know your information has been shared with the ICB for years?
Not all of it.
I applied to the ICB for my report since reading your post. Two interesting results.
I got a telephone call to clarify one of my two addresses in the last 20 years. I confirmed the one which was unclear to the caller, if I were trying to avoid a bad loan record I could simply have said that was not my address.
The report came back this morning, it does not show a term loan I took out last May with B of I.
Of course on further reflection I realise why on one else is concerned. Everyone else realises that the CCR will be so inaccurate that it wont have any detrimental effect.
I must recheck that the electricity bill still has Cremeegg Streamview Smithstown Ballyhere as the address and the telephone bill still has An Ubh in a Uachtar Streamville Ballyhere Smithstown.
You never know.With CCR they'll both have the same PPS number so it won't matter.I must recheck that the electricity bill still has Cremeegg Streamview Smithstown Ballyhere as the address and the telephone bill still has An Ubh in a Uachtar Streamville Ballyhere Smithstown.
Neither the electricity company nor the phone company know my PPS number
And they won't be reported to CCR either.
My point was more that CCR is going to be far more accurate than ICB simply because it uses PPSN as a unique identifier.
As far as I am aware loans, mortgages and other credit facilities, those issued up to now at any rate, do not have PPS numbers associated with them
If you ever received mortgage interest relief at source then your bank will have your PPS number associated with your mortgage.