Estonia is establishing a centralized national credit register consolidating nearly one million loan, lease, and debt records by 2029. This system aims to provide lenders with a comprehensive view of applicants’ financial commitments. However, access to the register will be strictly limited to instances where a formal loan application has been submitted. Officials emphasize this restriction is to protect individuals’ financial privacy. The register intends to improve risk assessment for lenders and potentially streamline the loan application process. Data will not be available for general credit checks or unsolicited inquiries. The move balances improved lending practices with data protection concerns for Estonian citizens.