SVP calls for 'high-cost loan' warning on moneylender ads

SVP estimates that there are 330,000 customers of moneylenders in Ireland.

SVP calls for 'high-cost loan' warning on moneylender ads
Tue, 30 Jul, 2019 - 08:24
Digital Desk staff

The Society of St Vincent de Paul (SVP) has called for all licensed moneylenders to carry a tobacco-style warning on their advertising and literature.

The charity has made a submission to the Department of Finance seeking the warning as well as the provision of alternatives for customers on the advertisements.

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CourtsSt Vincent De PaulmoneylendersSVPPlace: IrelandPerson: Caroline FaheyPerson: Head of Social JusticePerson: Kieran StaffordPerson: presidentOrganisation: SVPOrganisation: Society of St Vincent de PaulOrganisation: Department of FinanceOrganisation: Central Bank
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