Number of people using moneylenders up 20%
More than half the customers of moneylenders own their own home, writes Emma Kennedy.
A new report on the licensed moneylending sector has revealed that while consumers seem satisfied with the service they receive from moneylenders, regulators have a number of concerns about the sector.
The new Central Bank report on the licensed moneylending industry follows on from a similar piece of research in 2007. The number of people using moneylenders has jumped by 20 per cent in the interim, up from about 300,000 in 2005 to about 360,000...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team