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

I move amendment No. 63:

In page 19, between lines 36 and 37, to insert the following subsection:
“(5) A credit information subject shall be issued with a record of his or her credit information once a year at no cost to him or her.”.

This amendment allows credit information subjects to have access to their own information on the register each year on a free basis. The Minister said it is his intention that this would be the case and the amendment provides for it in the legislation. It is important that people understand that the register exists. Many people are not aware that they can access information from the Irish Credit Bureau at a cost. Sending these out free of charge will make them aware of it. This point has been made by the National Consumer Agency. It is the stated intention of the Government, so I hope it will live up to that intention. There are provisions in the different sections relating to levying fees on the financial institutions for the cost of running this scheme. Those who profit from this should cover the costs of this annual report to consumers.