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Ireland · Question · written

PQ 96

95 Deputy Pádraic McCormack asked the Minister for Finance if his attention has been drawn to the fact that credit unions are charging borrowers 12% interest on loans; his views on whether this is an exorbitant rate of interest for borrowers to have to pay; and his plans to alter the regulations to have these exorbitant interest rates reduced. [7373/10]

askedIreland· Dáil Éireann· EN

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11 February 2010

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11 February 2010

Summary

95 Deputy Pádraic McCormack asked the Minister for Finance if his attention has been drawn to the fact that credit unions are charging borrowers 12% interest on loans; his views on whether this is an exorbitant rate of interest for borrowers to have to pay; and his plans to alter the regulations to have these exorbitant interest rates reduced. [7373/10]

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