Oireachtas Joint and Select Committees
Wednesday, 13 December 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Credit Servicers Directive: Discussion
Rose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source
I thank Mr. Honohan for his statement and for the questions he asked, which will be usefully put to the Central Bank. What type of reform to consumer protection law is necessary to protect consumers in the light of the new credit services directive? Some 80,000 people are now paying up to 10% to vulture funds on their primary dwellings. Some 15% of home loans are already in that space. What do we need to do in terms of consumer protection law?
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