Dáil debates
Thursday, 5 July 2012
Financial Services Regulation
5:00 pm
Michael Noonan (Limerick City, Fine Gael)
Enforcement can be difficult when moneylending is carried out illegally on a small scale and when the people to whom the money is lent are reluctant to come forward to assist the Garda Síochána in proceedings. There is reasonably good control and it is not out of control. A strong credit union movement is the best antidote to widespread moneylending coming in to our system.
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