What are the repercussions of increased levels of loans?

7 August - 9 mins
Podcast Series The Hard Shoulder

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.

9 mins

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