How to cut a deal with a vulture fund on your mortgage

Forget about the discount your debt was bought for - the quickest way to waste money during negotiation is to focus on your own feelings

12th February, 2017

Last year, Irish loans worth a face value of €12.1 billion were sold to vulture funds.

As European banks race to get rid of the bad debts that are the among the most meaningful legacies of the collapse, Ireland is unsurprisingly among the most active. One in every four European loans sold was an Irish one: Ireland partied harder, for longer, and it follows that the hangover is worse.

The banks and Nama have purged...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

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

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 11 months ago

The Daily Briefing

The Daily Briefing