Consumer Credit (Amendment) Bill 2022: Second Stage
Dail Éireann — 2022-03-10
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Pearse Doherty (SF), Donegal

APR, which is what exists already at 288%, and simple interest, which is in the Bill at 48%, cannot be compared. They are simply different ways of calculating interest. To make that suggestion is cringeworthy. The Minister of State should correct the record of the House.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2022-03-10/debate/main
Retrieved: 2026-08-14T04:50:15+00:00
Sitting date: 2022-03-10