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What are the repercussions of increased levels of loans?
Published 2 months, 4 weeks ago
Description
The value of personal loans for weddings, home upgrades and EVs exceeded €3 billion over a 12-month period for the first time. That’s according to new figures from Banking and Payments Federation Ireland (BPFI).
But why are we taking out loans at such a high rate, and what are the repercussions?
Joining Shane to discuss is Robert Whelan, Managing Director of Rockwell Finance.