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Defeated Dáil
No. 64 of 2012

Consumer Credit (Amendment) Bill 2012

Public bill · Private Member · Introduced

The Consumer Credit (Amendment) Bill 2012 would amend the Consumer Credit Act 1995 to limit the annual percentage rate (APR) that licensed moneylenders can charge to 40%. It aims to protect borrowers from costly debt and reduce over-borrowing, while leaving moneylenders able to operate and account for lending risks. At the time, moneylenders could charge rates as high as 210.70% APR.

Formal long title

Bill entitled an Act to amend the Consumer Credit Act 1995

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Last updated 12 April 2018

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Progress
  • First Stage
    Dáil
  • Second Stage
    Dáil Defeated
Debates
  • Consumer Credit (Amendment) Bill 2012: Second Stage (Resumed) [Private Members]
    Dáil
  • Consumer Credit (Amendment) Bill 2012: Second Stage [Private Members]
    Dáil
  • Consumer Credit (Amendment) Bill 2012: First Stage
    Dáil
Documents

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