What will the Central Credit Register do?
- The information collected will help lenders, consumers and the CBI in its role of safeguarding stability and protecting consumers.
- Lenders will be able to use the information to get a more detailed picture of a consumer’s credit history, which will help them to make decisions about finance applications.
- Consumers will have the opportunity to see what credit information lenders hold about them.
Related questions
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I’m not working, and I think this will affect my ability to pay, what should I do? -
I've missed a payment, what should I do? -
I'm going to miss my next payment, what should I do? -
I'm in financial difficulty and my agreement is due to expire soon, what should I do? -
What options might be available to me?