Consumer Credit (Amendment) Bill 2021
In September 20201 the Competition and Consumer Protection Commission (CCPC) made a submission to the Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach on the General Scheme of Consumer Credit (Amendment) Bill 2021.
The proposed legislation contains a range of measures in the area of high cost credit, including those aimed at restricting the total cost of credit on moneylending loans. For example, it proposes to introduce a cap on the interest rate a moneylender can charge on a loan. The CCPC supports the proposals outlined in the General Scheme.
Attachments
Competition and Consumer Protection Commission (CCPC) Submission to the Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach on the General Scheme of Consumer Credit (Amendment) Bill 2021Return to Submissions
