Find out more about product sales data for credit agreements.
Product sales data (PSD)[1] collections provide detailed information on individual credit agreements. This includes:
- Sales PSD: characteristics of the agreement and borrower at the start of the agreement
- Performance PSD: the ongoing activity in relation to these agreements.
Who this is for
Firms with a permission for consumer credit lending[2] who have reported in their CCR003 submissions an annual total value of £2m or more in outstanding consumer credit balances and/or new consumer credit advances must submit Credit Agreement Sales (PSD008) reports and Credit Agreement Performance (PSD009) reports for all their relevant regulated credit agreements[3].
When a lender first comes into the scope of these reports, you’ll need to submit a one-off Credit Agreement Back-book (PSD008a) report. This report will provide details of credit agreements that will be included in your first PSD009 report but will not be included in your first PSD008 report.
All regulated credit agreements are 'relevant regulated credit agreements' under SUP 16 Annex 20[4], other than:
- Overdrafts.
- Regulated credit agreements[3] secured on land[5].
If these PSD reports appear on your firm’s RegData reporting schedule and you don’t believe your firm should be in scope, please check your firm’s CCR003 submissions.
Make sure you review any CCR003 submissions for annual reporting periods ending after 31 March 2023.
Check your submissions have been reported correctly and in the correct currency amounts (that is, in thousands, rather than single units) and resubmit if necessary.
Firms with permission to enter into high-cost short-term credit[7] or home credit loan agreements[8] who have not reported £2m or more in outstanding consumer credit balances and/or annual new consumer credit advances must submit Short Term Loans (PSD006) reports in relation to the sale of these types of agreements.
When to submit PSD reports for credit agreements
Firms must submit all consumer credit related PSD collections on a calendar quarterly basis.
Firms must complete PSD items in the following time frames:
| Report | Timeframe |
|---|---|
| PSD006 | 20 working days from the end of each calendar quarter. |
| PSD008 | 20 working days from the end of each calendar quarter. |
| PSD008a | 30 working days from the end of the firm’s first reporting period for PSD009. |
| PSD009 | 30 working days from the end of each calendar quarter. |
When firms first fall within scope of the PSD008 and PSD009 reports, there is a period of time before their first reporting periods.
| Annual total value in outstanding consumer credit balances and/or new consumer credit advances | First reporting period |
|---|---|
| £20m or more | Fifth calendar quarter following the quarter in which the relevant annual period ended. |
| £2m or more, but less than £20m | Seventh calendar quarter following the quarter in which the relevant annual period ended. |
PSD006 reports will be scheduled as soon as the firm becomes authorised for one of the relevant permissions.
What to submit
Find details of the data elements required by these PSD reports under SUP 16 Annex 21R[9].
Download an Excel version of the consumer credit-related data elements covered by this annex below:
Download data elements (xls)[10]
This file reflects SUP 16 Annex 21R as updated on 28 February 2025.
If your firm cannot report specific data elements or does not hold the information currently, read our preferred approach in the spreadsheet.
We do not expect firms to review the preferred approaches in full.
This is not Handbook Guidance and does not replace the requirements set out in SUP 16 Annex 21.
Based on questions and feedback from firms and trade bodies, we’ve prepared a user guide for product sales data (PDF)[11].
How to submit
Watch our explainer video[12] on how to submit your PSD reports.
Before you submit, check for any common issues in our starter guide (PDF)[13].
Check your data is valid
Data Reference Guides are available on the RegData Resources[14] page:
- PSD006 – Product Sales Data – Short Term Loans
- PSD008 – Product Sales Data – Credit Agreement Sales
- PSD008a – Product Sales Data – Credit Agreement Back-book
- PSD009 – Product Sales Data – Credit Agreement Performance
These contain XML specifications and details of validations applied to all data elements needed in your PSD report.
Check what to include
Use our data flow diagrams to check which data elements you must, or must not, report for different relevant regulated credit agreements:
PSD008 Credit Agreement Sales: data flow diagram (PDF)[15]
PSD008a Credit Agreement Back-book: data flow diagram (PDF)[16]
PSD009 Credit Agreement Performance: data flow diagram (PDF)[17]
Check your files are compliant
Use our RegData Industry Test Environment[18] to check your XML files are compliant for each PSD report type.
To request access, email: [email protected].
After you submit
We carry out data quality checks after you submit. These cover:
- Consistency between sales/back-book and performance
- Completeness
- Outliers
If we find potential issues, we may email you to explain which checks we’ve carried out and what we found. We’ll tell you:
- Which transactions may have issues.
- How to check for errors and make sure your data is correct.
Background
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1
28 February 2025
Amendments from CP24/26[19] took effect on 28 February 2025 after we issued Handbook Notice No 127[20].
-
2
December 2024
We consulted on proposed minor amendments to the rules published in PS24/3[21] in CP24/26 Quarterly Consultation Paper No. 46[20].
-
3
April 2024
We introduced requirements for PSD008, PSD009 and PSD008 in April 2024 as part of the policy statement PS24/3: Consumer Credit – Product Sales Data Reporting[22].
-
4
February 2014
We introduced requirements for PSD006 in February 2014 as part of the Policy Statement, PS14/3: Final rules for consumer credit firms[22].
