Credit Check In Ireland: How to check your Credit Record and why it matters

Introduction

Whether you’re a first-time buyer, considering a switch, or looking to move or trade up— it’s
essential to think about a key question before applying for your mortgage: Will your application be
approved? The answer lies in a comprehensive credit check conducted by the lender, a crucial factor
under EU law to assess your creditworthiness.

Why should you check your credit report?

Before embarking on your mortgage journey, taking the time to review your credit history is a wise
step. This holds true not only for those with existing loans or credit card debt but for everyone. Even
if you believe your financial record is spotless, a mortgage lender may still decline your application
based on a poor credit history stemming from past loans.

What Do Lenders Look for in Your Credit History?

Lenders scrutinise your credit history to ensure you have a sound track record of repaying loans.
They become particularly cautious if there are instances of missed payments, adjustments to loan
terms due to repayment difficulties, or inaccuracies in your personal details. Timely updates of your
name and address are equally important.

How to Check Your Credit Record:

To apply for your credit report, visit the Central Bank link: https://www.centralcreditregister.ie/. You will need to complete an application form and provide three types of identification documents:

  1. Photo with signature (such as a passport or driving licence)
  2. Proof of your address (must be no more than 6 months old)
  3. Proof of your PPS number

Personal data held on the Central Credit Register includes your name, date of birth, address, gender, telephone number and personal public service number PPSN. Credit data held on the Central Credit Register includes the loan type, such as mortgage, credit card, overdraft, personal loan, business loan, HP, PCP, etc.; the amount borrowed and the amount outstanding.

How to Amend Your Credit Record:

If you notice inaccuracies, incompleteness, or outdated information on your credit report, you have
the right to request amendments. The process for this can be found on the Central Bank link
mentioned above.

Why Choose Ezfees Financial:

If you have any questions or need further assistance, please don’t hesitate to get in touch.  At Ezfees
Financial, we would be delighted to assist you throughout your mortgage journey.
Why not book a comprehensive Mortgage Consultation with us today via our “Book A Consultation”
option on our website; https://ezfeesfinancial.ie/book-consultation/  
Our Dedicated and qualified Mortgage Advisors will guide you every step of the way.

Business Owner Consultation

Your business is your baby, so it deserves protection. Our team of experts will guide you through informed decisions to provide tailored policies. Shield your business against unexpected setbacks and ensure stability, whether you’re a startup or an established corporation. We’ll create a financial plan that will guide the balance of your personal finances and your long-term business goals.

What’s in this for you? Discuss your business finances in confidence with trustworthy advisors to:
1) Create a money management plan to suit your business
2) Align your business and personal objectives
3) Get clarity and validation on your strategies from dedicated Financial Advisors committed to safeguarding your business finances
4) Be advised when you need to speak to Tax Advisors where relevant
5) Obtain guidance onto Owner/Director on Pension planning and legislation
6) Referral to a Life/Business Coach where relevant

Plan for your business’s long-term financial goals:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Safeguard your business and your future

Investment Consultation

With low deposit rates and high inflation rates, savings and investment plans are appealing right now. We understand what it’s like to make sacrifices to accelerate your savings goals so you can achieve your dreams. That’s why we provide expert guidance so you can take charge of your future without sacrificing your valuable time.

What’s in this for you? Why you should consider savings and investment plans?
1) The potential for higher returns
2) Flexibility in the amount you save
3) Short, medium and long term options to suit your goals, amounts and terms to save
4) Investment options appropriate to suit your needs and goals

How you can save to secure your dreams:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Make your Dreams a reality

Mortgage Consultation

Whether you are a first-time buyer, mover, switcher or looking to invest in a rental property, we have a mortgage solution to fit your unique situation. Over 60 and looking to release equity in your home to support your children, go on that dream holiday or pay off bills? We find the mortgage most suitable for you and your family’s needs and support you through the entire process. You’re guaranteed to find the best mortgage option for your financial needs and goals, with impartial advice and competitive rates.

Clear, simple, actionable advice for all your mortgage needs:
1) First time buyers
2) First Home Scheme/ Local Affordable Authority Scheme
3) Switchers
4) Home Movers
5) Investment Property
6) Self Employed
7) Contract Workers
8) PAYE
9) Lifetime Loan (over 60’s equity release)

How you can get started:
1. Share your journey with us
2. Create a plan!
3. Gather and submit your information
4. Make your Dreams a reality

Financial Planning Consultation

Secure your future and that of your loved ones beyond homeownership with life assurance, income protection and pension advice. Whatever your stage of life or money situation, our team of experts will help you make informed decisions to safeguard your financial future.

What’s in this for you? Planning your future, helps make your dreams a reality:
1) Start by creating a money management plan
2) Work with our dedicated Financial Advisors committed to safeguarding your future
3) Helping you get the guidance you need to achieve your long-term financial goals

Safeguard your financial future today:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Safeguard your Financial Future