203. Deputy Eoin Ó Broin asked the Minister for Finance if he is concerned with lifetime loan products being provided to older people by companies (details supplied) where such loans end up in default, resulting in the potential loss of a person's home; if he will undertake a review of such products, noting the levels of risk involved for the borrower; and if the advertising of such loans and the communication of terms and conditions should be regulated in a manner as to ensure the highest possible protection for borrowers. [25557/23]

Summary

203. Deputy Eoin Ó Broin asked the Minister for Finance if he is concerned with lifetime loan products being provided to older people by companies (details supplied) where such loans end up in default, resulting in the potential loss of a person's home; if he will undertake a review of such products, noting the levels of risk involved for the borrower; and if the advertising of such loans and the communication of terms and conditions should be regulated in a manner as to ensure the highest possible protection for borrowers. [25557/23]

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• Financial Services

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