Banks pay €647 million in compensation to victims of tracker mortgage scandal

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The Central Bank said the tracker mortgage examination has revealed the 'unacceptable damage that misconduct can cause to consumers'

 

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Sorry to be a pedant michellehtweet but it’s not €647 million paid out in compensation. By a long shot. It’s mainly refunds (redress). Compensation is a small percentage of that figure.

campaignforleo Paschald that’s brilliant news. So that means all the USC I paid to help the banks that got us in this mess will be paid back to me now. I can’t wait. Do you have a date as to when I can expect my refund cheque.....is that a unicorn I see floating down Grafton st

But but but...the nurses

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Dáil backs SF bill on residential mortgage sale consentDáil voted by 80 to 45 to allow the 'No Consent, No sale Bill 2019', proposed by Sinn Féin finance spokesperson Pearse Doherty, to proceed to committee stage Serious question why do those ppl always look so miserable☹️ Would a smile literally crack their faces🤔 Al_toMyFriends Reminiscent of 'no taxation without representation'? Major risk of interest rate increases now - it would have been better to pass a bill that the maximum percentage charge is x amount of the EU rate. This would have massive savings for mortgage holders
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