Oireachtas Joint and Select Committees

Wednesday, 5 March 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Bi-annual Review 2013: Financial Services Ombudsman

2:40 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

What has been your experience of your interaction with the subprime lenders, and the licensed moneylenders? It is an issue that arises on a regular basis in dealing with constituents; first, the rate of interest subprime lenders charge and the aggressive approach they take and, second, the excessive rates charged by moneylenders. Are people making complaints to the Financial Services Ombudsman on those two areas?

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