Loans to consumers in Ireland have continued to decline.
Woman attempts legal action over 20% home loan interest rate
NewsA woman from Co Clare in Ireland has launched a legal bid after she was charged an interest rate of almost 20% on a sub-prime loan secured on her home.
Q3: NAMA manages €20.4 billion of loans in arrears
NewsNew figures show that just 1 in 4 NAMA loans are performing, leaving them having to manage over €20 billion of bad debts.
Warning to beware of loan sharks in Ireland
NewsAccording to the report lending can “horrendously expensive” for the people who are least able to afford to repay a loan.
Irish bailout loan announcement
NewsOfficals are currenty in talks with the ECB regarding an Irish bailout loan from Europe.
Mortgage debt forgiveness: is essential to Irish economic recovery
NewsA group of economist have written an article published in the Irish times today.
Third of Nationwide mortgages in arrears
NewsAccording to an article in the Irish Independent over a third of consumer mortgages from the Irish Nationwide Building Society have fallen into arrears.