The human cost of vulture funds

This is one family’s harrowing story of what happened when a vulture fund acquired their home loan

3rd April, 2016
What happens when a vulture fund acquires your family's home loan

Fear. Sleepless nights. Stress. All over Ireland, vulture funds are chasing loans that should never have been given and will never be fully repaid. And families are feeling the pain.

The funds bought these loans in big bundles, often at steep discounts from their original lender. Individual borrowers were not given the chance to get in on such deals, but instead must face into uncertainty as they try to negotiate a better deal.

Over the...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Content is king – just ask Netflix as rivals attempt to steal its crown

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