Articles tagged with: Credit Unions

MONEYLENDERS PREYING ON NEEDY MONAGHAN FAMILIES

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9 Dec 2011 Comments Off on MONEYLENDERS PREYING ON NEEDY MONAGHAN FAMILIES
MONEYLENDERS PREYING ON NEEDY  MONAGHAN  FAMILIES

Monaghan Co Council, on the proposal of Co Mayor Seamus Coyle, has made an urgent plea to Minister for Finance Michael Noonan to relax lending restrictions imposed on the country’s Credit Unions. The appeal was issued on Monday after the Council was told in Clones that curbs on Credit Union lending was leaving needy families in the county vulnerable to the predations of unscrupulous moneylenders charging exorbitant rates of interest. The former President of the Irish League of Credit Unions, Mr Jim McMahon, told councillors that one moneylender ...