Oireachtas Joint and Select Committees
Wednesday, 23 October 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Credit Reporting Bill 2012: Committee Stage
3:10 pm
Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source
Deputy Pearse Doherty's proposal involving a figure of €125 is an attempt to capture more moneylenders. I accept what the Deputy is saying. Moneylenders know their customers and the reason they lend is they know they will usually get their money back. Even with a limit of €125, there would be nothing to stop a moneylender giving ten loans of €124.
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