Seanad debates

Wednesday, 5 December 2018

Consumer Protection (Regulation of Credit Servicing Firms) Bill 2018: Second Stage

 

10:30 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

I thank the Senators for their contributions. It is wrong to say that this Government has done nothing for people who find themselves in difficulty with a bank or somebody who has that loan sold onto a fund. There have been 17 actions and Bills to deal with this, beginning with the CCMA, and this is No. 18.

We have a structure in Ireland that is historic in nature. We have a psychological scar in our mindset about repossessions, which goes back to the Famine era.

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