The Department of Finance is considering proposals to cap the cost of borrowing from licensed moneylenders. The Department wants to get views on whether the introduction of a cap on interest rates would have a negative effect on the regulated supply of credit and might lead to an increase in illegal moneylending or to financial exclusion for consumers of these regulated firms.
How to Respond
The preferred means of response is by email to: firstname.lastname@example.org
Alternatively, you may respond by post to:
Consumer Protection – Public Consultation,
Department of Finance,
Upper Merrion Street,
Please include contact details if you are responding by post.