Moneylending Without A License Here Is Illegal And Can Lead To Fines And Prison Sentences

Sunday, 8 December 2024 10:16

By Emma O'Connor

That's the warning from gardai as people look to loan sharks to help fund Christmas

Moneylending without a license here is illegal and can lead to fines and prison sentences if lenders are convicted.

That's the warning from gardai as people look to loan sharks to help fund Christmas.

People are being encouraged to talk to licensed lenders as they celebrate the festive season.

CEO of The Credit Union's of Ireland David Malone says its really important to consider what consumers can AFFORD to borrow.

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