New findings have shown that the average Irish consumer still owes €1,274 on their credit card. This means that people inIrelandnow owe €2.5bn on personal credit cards. This shows that many people are still struggling to pay back their debt. These figures show that people have only reduced their credit card debt by €41 in the last year due to high interest rates being applied. [Read more...]
Increase in Mortgage Arrears
April 30, 2012 By Leave a Comment
It has been confirmed that the number of Irish people who are in arrears with their mortgages has risen again. These new figures show that, in the last 3 months in 2011, the number of people falling behind with their payments increased again. [Read more...]
Spring Clean your Finances
April 18, 2012 By Leave a Comment
Spring, for many people, means a time for change. Thus many people have a ‘spring clean.’ So why not also do this to your finances? If you are struggling with debt and don’t seem to be making ends meet every month then you may be in need of a debt solution.
At Refresh Money we can offer you a solution that can help you become debt free. [Read more...]
Credit Card Debt Help
March 5, 2012 By Leave a Comment
As you will be aware, almost everyone seems to offer credit cards today. These providers range from Supermarkets to Airlines. Applying for a card is simple. All the provider needs to know is a few simple facts about you, i.e. where you live, how much you earn etc.then they will complete a credit check.Once this is complete, depending on the results, your credit limit will be calculated. [Read more...]
Store Cards Debt Help Ireland
March 5, 2012 By Leave a Comment
Store cards have been known in the past as the “Devils Debt”. The majority charge a hideous 25% plus interest which is worse than the average high street credit card. A Store card is similar to a credit card in that you can use them to buy goods and services and then you can choose to pay off the whole balance or via monthly, smaller amounts. [Read more...]
Debt Management Plans Ireland
March 1, 2012 By Leave a Comment
If you are currently struggling with Debt, it is sometimes hard to know who to turn to. Many people feel judged when they talk about their debt, however, they don’t realise the majority of people in Ireland are currently in debt. You should make sure that you have somebody to talk to otherwise being in debt can seem very lonely and daunting to face on your own. [Read more...]
Government to Help with Personal Debt Levels
February 23, 2012 By Leave a Comment
Throughout the financial crisis one thing has set Ireland apart from the other countries in financial difficulties and that is the levels of Personal Debt. The countries debt and banking debt has been dealt with and now it is time, claims the Government, to deal with the vast levels of personal debt. [Read more...]
Negative Equity Homes Bail out
February 15, 2012 By Leave a Comment
Two large Banks inIrelandhave now been cleared to offer their existing customers a lifeline if their homes are in Negative Equity. Negative equity means that their property is worth less than their outstanding mortgage, so even if they sell their homes, they will still owe money to the bank. [Read more...]
