Oireachtas Joint and Select Committees

Tuesday, 16 February 2021

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Consumer Credit (Amendment) Bill 2018: Discussion

Photo of Mairead FarrellMairead Farrell (Galway West, Sinn Fein) | Oireachtas source

I am interested in credit unions and there were some very interesting contributions on the area. It is a stark visual when the witnesses say the moneylender is going back into the community despite all the different work done being done to try to get people to move towards credit unions. It is clear this is not just about regulation but people's thinking or outlook. Are there any kinds of regulatory changes that may be needed to promote credit unions or should the focus be simply on the psychology element?

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