Oireachtas Joint and Select Committees

Wednesday, 29 January 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Report on Licensed Moneylending Industry: Central Bank of Ireland

3:55 pm

Mr. Bernard Sheridan:

It is the borrower's responsibility to take the case. However, owing to cost, a borrower may not be willing to take that step. When renewing a licence we take into account whether any such cases have been taken against the moneylender.