Oireachtas Joint and Select Committees

Wednesday, 29 January 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Report on Licensed Moneylending Industry: Central Bank of Ireland

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4:05 pm

Mr. Bernard Sheridan:

The issue of bad debts is different in this sector. Ultimately, the borrowers repay the loan over a longer term. One may not get a future loan from the moneylender if one falls into arrears.

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