Senator Rose Conway-Walsh (SF) said people were paying moneylenders ‘extortionate fees’, ahead of making mortgage repayments. File photograph:  Dara Mac Donaill

Easing caps on rates credit unions can charge would help tackle the “open season” of high-interest moneylenders operating across the country, credit u(...)

Credit unions are keen to provide more direct competition with banks. Photograph: Colin Keegan, Collins Dublin

Having run a consultation exercise on its proposals for new regulatory requirements for the credit union sector, the Central Bank has now published it(...)

Loans to Credit Union members have decreased by almost 10 per cent to €4billion since September 2013

Credit unions face an uphill struggle to stay relevant with many failing to address regulatory challenges or find new sustainable revenue streams, acc(...)