Dáil Éireann Debate, Wednesday - 22 February 2012
73 Deputy James Bannon asked the Minister for Finance if he will provide figures on the number of persons paying their credit card bill, but not their mortgage; the number in arrears on their credit card; and if he will make a statement on the matter. [10092/12]
View answerNeither the Central Bank nor I have details of the number of persons who are paying off credit card bills rather than paying their mortgages. The Central Bank has advised me that, as some persons have more than one credit card, it is not possible to indicate the number of persons who are in arrears with credit card repayments. However, the Central Bank has advised me that the outstanding indebtedness on credit cards at end December 2011 was €2,789 million. This figure is comprised of €2,642 million on personal cards and €147 million on business cards.
