Latest News
Keep up to date with us.... always
Keep up to date with us.... always
REQUEST YOUR MEETING TODAY
The Consumer Credit (Amendment) Act 2022 was signed into law following a review by the Department of Finance of the moneylending sector and the publication of the Moneylending Policy Proposals Report in July 2021.
The Amendment Act aims to strengthen the protections available to and reduce the cost of credit for consumers, in addition to streamlining and modernising the moneylending sector. Section 2 of the Amendment Act amends the interpretation section of the CCA and replaces certain definitions such as "moneylender" for "high-cost credit provider". The purpose of these amendments is to increase transparency and awareness for consumers.
The Amendment Act also introduces several other safeguards for consumers, such as empowering the Minister for Finance to set interest rate caps for high-cost credit that may be charged by a high-cost credit provider for both cash loans and running accounts.
Read More
https://www.dilloneustace.com/legal-updates/consumer-credit-amendment-act-2022?utm_source=Company+Bureau+Formations+LTD&utm_campaign=e8af7f49b0-EMAIL_CAMPAIGN_2023_03_08_09_50&utm_medium=email&utm_term=0_-e8af7f49b0-%5BLIST_EMAIL_ID%5D
So what are you waiting for? Call Today and talk to us about how we can make a real difference to your business. Arrange your Meeting using the form below or call us direct on +353 1 8827 600.
Still Not Convinced? Why not take a moment to watch this video and see the difference a Super Accountant can make to your business!
Remember, you can call us with any questions direct on +353 1 8827 600 OR you can find our contact details here
