Paudge Connolly (Cavan-Monaghan, Independent)

I accept that credit agreements and arrangements are regulated. The difficulty is that they are not capped or kept under some level of control. It was indicated at one time that the Money Advice and Budgeting Service, MABS, would be put on a statutory basis. That body provides a great deal of useful and beneficial information to people who get into trouble with debt. Putting it on a statutory footing might encourage people to go to it. Are there plans to put the service on a statutory basis?

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