Friday August 14, 2020

Value Watch

Credit cards still being used as financial crutches

13th March, 2010

Many consumers appear still to be relying on credit cards to help bridge difficult financial times. According to a poll by the Financial Regulator, almost one-third of us have credit card debt of between €300 and €3,000, while a further one-fifth had debts above €3,000.

Given the high level of interest attached to credit cards, servicing such a debt can add substantially to monthly outgoings, and the regulator has now issued guidelines for consumers who...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 7 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago