Oireachtas Joint and Select Committees

Wednesday, 9 March 2022

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Consumer Credit (Amendment) Bill 2018: Committee Stage

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

He said it was €560. That is what moneylenders currently charge - €560. The Minister of State did not even know what the impact of his own legislation, which I presume he is taking through the House, will be or what is at the core of the legislation, which relates to requiring a cap. What his legislation will do is reduce it to €480.

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