204. Deputy Kevin Humphreys asked the Minister for Finance his plans to regulate pay-day lenders here; if companies (details supplied) were to begin to offer such loans here, the regulations by which they would be covered; his plans to introduce regulations and law similar to those in some Australian states where there is a cap of a 48% APR maximum loan rate, including fees and brokerage; and if he will make a statement on the matter. [29638/14]

Summary

204. Deputy Kevin Humphreys asked the Minister for Finance his plans to regulate pay-day lenders here; if companies (details supplied) were to begin to offer such loans here, the regulations by which they would be covered; his plans to introduce regulations and law similar to those in some Australian states where there is a cap of a 48% APR maximum loan rate, including fees and brokerage; and if he will make a statement on the matter. [29638/14]

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• Central Bank of Ireland

  xml · EN · 8 July 2014

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