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

3:20 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

The review should not only be conducted on individual sums of €2,000. If a finance company, Doherty Lynch, lends money every week and Mr. Brian Hayes is borrowing from us and if the total capacity of Mr. Hayes's borrowings from us over a year in repayments exceeds €2,000, that should be registered. That means the review examines not only the sum but the totality of the loans.

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