Oireachtas Joint and Select Committees
Tuesday, 4 April 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector: Quarterly Engagement with Central Bank of Ireland
10:00 am
Paddy Burke (Fine Gael)
Link to this: Individually | In context | Oireachtas source
I know a question has been asked already about loans acquired by vulture funds. It has been reported that those customers affected are feeling the heat since with extra pressure to pay exorbitant interest rates. The Governor said the original lender will eventually pay the compensation and so forth in the tracker issue. However, can something be done about the pressure the vulture funds are putting on people to pay exorbitant interest rates?