Written Answers - Deferred Interest Scheme Thursday, 7 July 2011

Dáil Éireann Debate Vol. 738 No. 1 Page of 216

  82.  Deputy Michael McGrath      asked the Minister for Finance      the position regarding the roll-out of the deferred interest scheme as recommended by the Expert Group on Mortgage Arrears and Personal Debt. [19380/11]

Minister for Finance (Deputy Michael Noonan):    The Central Bank has advised me that the following lenders have notified the Bank of their decision/intention to implement the recommendation of a Deferred Interest Scheme (DIS) or a variation of it, as set out in the final report of the Expert Group on Mortgage Arrears and Personal Debt with the following effective dates:

It is important to note that the DIS is a voluntary scheme, and as such all lenders do not have to sign up to it.

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Last Updated: 08/03/2013 20:05:30

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