Michael Collins (Cork South West, Independent) | Oireachtas source

Some people were in trouble with mortgages before the pandemic. Is there any understanding being put in place in banks to help these people, who may have just been getting back on their feet but who, because of Covid-19 have now fallen behind again? I refer to people who have applied for the moratorium. I am being told that it is not a case of pausing their payments but more of a reconfiguration. Either those people's payments will be adjusted to add on the moratorium or else there will be an addition to the duration of the mortgage. Is that the case and is it necessary to apply it to the repayments when times are so tough? I would like the Governor's views on those issues.