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Dáil Éireann díospóireacht -
Wednesday, 12 Feb 1986

Vol. 363 No. 11

Written Answers. - SDA Fixed Interest Loans.

27.

asked the Minister for the Environment if he will consider reducing the fixed rate of interest on SDA fixed interest loans for persons in the category of persons (details supplied) in Dublin who have been making repayments for almost four years as the rate of inflation has been dropping and continues to drop.

It has always been a feature of the SDA scheme that loans are advanced at a rate of interest which does not vary over the duration of the loan. I have no proposals to change this arrangement, which is generally in the interests of the borrowers.

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