The key to tackling over-indebtedness is more access to affordable credit for low-income households, according to a newspaper on debt management from a leading charity.
The Society of St Vincent de Paul (SVP) made the comments in a submission to the Law Reform Commission (LRC), as part of a consultation process on personal debt management and enforcement.
‘‘One aspect of preventing over-indebtedness involves tackling financial exclusion, by legislating for access to basic banking services for...
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