Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source

I move amendment No. 39:

In page 15, subsection (1)(b), line 16, to delete "agreement made with" and substitute "application made to".

The proposed amendment to subsection (1)(b) ensures that credit information providers have access to a guarantor's record on the register at the application stage of a loan backed by that guarantor, so they can assess the credit risk involved as accurately as possible. This would provide greater efficiency and assist the credit information providers in ensuring their engagement in responsible lending.