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Ireland · Question · written

PQ 190

190. Deputy Michael McGrath asked the Minister for Finance if the Central Bank is currently investigating the incorrect disclosure in advertisements of annual percentage rates by certain financial institutions; the precise nature of the investigation; the institutions concerned, the period covered and the credit products involved; if the advertised annual percentage rate, APR, understated or overstated the actual APR in each case; if the Central Bank is satisfied that consumers were actually charged the correct rates; and if he will make a statement on the matter. [13215/17]

askedIreland· Dáil Éireann· EN

Introduced

21 March 2017

Last action

21 March 2017 · Central Bank of Ireland Investigations

Status

written

Sponsors

Michael McGrath

Subjects

Discovery layer

Source updated

21 March 2017

Summary

190. Deputy Michael McGrath asked the Minister for Finance if the Central Bank is currently investigating the incorrect disclosure in advertisements of annual percentage rates by certain financial institutions; the precise nature of the investigation; the institutions concerned, the period covered and the credit products involved; if the advertised annual percentage rate, APR, understated or overstated the actual APR in each case; if the Central Bank is satisfied that consumers were actually charged the correct rates; and if he will make a statement on the matter. [13215/17]

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Timeline

  1. 21 March 2017

    Central Bank of Ireland Investigations

    190. Deputy Michael McGrath asked the Minister for Finance if the Central Bank is currently investigating the incorrect disclosure in advertisements of annual percentage rates by certain financial institutions; the precise nature of the investigation; the institutions concerned, the period covered and the credit products involved; if the advertised annual percentage rate, APR, understated or overstated the actual APR in each case; if the Central Bank is satisfied that consumers were actually charged the correct rates; and if he will make a statement on the matter. [13215/17]

    Source: written

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Central Bank of Ireland Investigations

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