Credit Searches

KBC Bank Ireland (‘KBCI’), will undertake searches with the Central Credit Register, as part of the application process and during the period of any credit facility provided by KBCI to establish your credit record. 

These searches will be conducted each time you apply for a new loan, overdraft or other credit facility and at the time of any extension or variation of an existing credit arrangement (e.g. request for a mortgage arrears resolution option).

Searches may also be conducted in the event of any breach of any credit agreement with KBCI. Under the Credit Reporting Act 2013,  KBCI is obliged to provide personal and credit information relating to credit applications and credit agreements to the Central Credit Register, where the amount of credit applied for is €500 or more. The Central Credit Register may retain a record of such searches for a period of at least five years and this five year period generally runs from the date of final repayment of the loan in question.

KBCI may use and retain any information received as a result of a credit search to:

(i) make credit decisions in relation to you,
(ii) review the operation, management and performance of a credit facility provided by KBCI,
(iii) help detect or prevent fraud and recover its property and/or
(iv) for statistical purposes.

Further information on how we process your personal information is available in our KBC Bank Ireland Data Protection Notice.

Further information on the Central Credit Register and how the Central Bank of Ireland processes personal data is available on the Central Bank of Irelands dedicated Central Credit Register section.

Notice: KBCI ceased reporting to the Irish Credit Bureau (‘ICB’) on the 31st of August 2021 with enquiries to cease from the 30th of September 2021. The ICB have updated their Fair Processing Notice to reflect this and further information can be found here (pdf, 180 KB).