According to a new report from the Bank of Ireland the amount of home improvement loans issued in Ireland have surged.
How Rural Dwellers Can Beat Banking Closures
BankingThose living out in the country have been among some of the hardest hit by a decade of bank and Post Office closures – but their misery looks set to continue if proposals to slash 200 post offices and 22 branches of Ulster Bank happen.
Irish Credit Union Customers Facing Loan Restrictions [Article & Infographic]
LoansMore than fifty percent of Ireland’s credit unions are currently subject to loan restrictions.
Irish League of Credit Unions Report Christmas Loans in Demand
LoansCredit unions in Ireland are seeing a significant increase in applications for €500 and €600 loans, reflective of households trying to fund their Christmas spending.
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Fears of credit union interest rate increase
Loan Rates NewsBorrowers may be forced to pay higher loan interest rates, as reported by The Independent.
Arrears from loans and falling profits may force credit unions to recuperate their loses with increased rates.