Oireachtas Joint and Select Committees

Thursday, 20 September 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Bill 2012: Discussion (Resumed)

11:30 am

Photo of Kevin HumphreysKevin Humphreys (Dublin South East, Labour)
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There is a safeguard mechanism in the way the credit unions work. The proven saving and repayment record mean someone cannot top up without proven repayment history on previous loans.