49. Deputy Maureen O'Sullivan asked the Minister for Finance the protection afforded to persons in mortgage difficulties due to sudden unemployment who request to have their mortgage put on an interest only payment plan, but instead their mortgage provider places them on a more expensive loan and cancels their mortgage protection without their consent; if the consumer protection code obliges banks to provide a full and transparent explanation for their decisions; and if he will make a statement on the matter. [53492/13]

Summary

49. Deputy Maureen O'Sullivan asked the Minister for Finance the protection afforded to persons in mortgage difficulties due to sudden unemployment who request to have their mortgage put on an interest only payment plan, but instead their mortgage provider places them on a more expensive loan and cancels their mortgage protection without their consent; if the consumer protection code obliges banks to provide a full and transparent explanation for their decisions; and if he will make a statement on the matter. [53492/13]

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• Mortgage Repayments Issues

  xml · EN · 12 December 2013

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