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

4:25 pm

Photo of Aodhán Ó RíordáinAodhán Ó Ríordáin (Dublin North Central, Labour) | Oireachtas source

I must look at it in those terms because Mr. Sheridan has said he has engaged with lenders and that is the basis of his report. I assume he talked to the MABS which has done a lot of work with the Traveller community on the reasons moneylending becomes a problem in that community. Surely he has some appreciation of the reasons people need short-term loans and, at difficult times in their lives, they are wide open to being exploited by some of these guys.

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