Oireachtas Joint and Select Committees
Wednesday, 12 May 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Consumer Credit (Amendment) Bill 2018 (Resumed): Engagement with Central Bank of Ireland
Pearse Doherty (Donegal, Sinn Fein)
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That is fine. Let us go into the specifics some more. Turning to the register, let us deal with some examples in the market. The Central Bank has given licences to moneylenders which are permitted to charge APRs of 187%. Does Ms McEvoy believe that is usurious? Does she believe that rate is too high or does she think it is appropriate?