In our letter to the European Commission, ACCIS explains that credit reference agencies (CRAs) can play a significant part in tackling the build-up of non-performing loans in the European banking system. The data held by CRAs and CRAs’ analytical capabilities can, among others, limit the build-up of bad loans, as credit data and scores provide banks with a powerful tool to conduct creditworthiness checks on potential lenders. ACCIS explains that a number of limitations – fundamentally information deficiencies or distortions – unfortunately prevent CRAs from fully contributing towards the roll-out of a European strategy for non-performing loans.