Oireachtas Joint and Select Committees

Wednesday, 12 May 2021

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

Consumer Credit (Amendment) Bill 2018 (Resumed): Engagement with Central Bank of Ireland

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

No, I said I was going to deal with specifics. I acknowledge other moneylenders are charging 54%, and some of the catalogues, etc.. However, the largest moneylender in the State was charging that rate of 187%. Therefore, let us deal with the specifics and I will ask Ms McEvoy a specific question. Is it the Central Bank that determines that rate?

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