Oireachtas Joint and Select Committees

Wednesday, 23 October 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Credit Reporting Bill 2012: Committee Stage

2:40 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

In that arrangement, when the proposal is withdrawn or the arrangement is terminated, the information stays in the system for five years afterwards. If I have a mortgage or loan and I still owe €10,000, for five years after the period by which I was supposed to pay back the loan, this information will stay on the register.

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