The Teens & Money survey by the Irish League of Credit Unions shows that 80 per cent of teenagers worry about the costs associated with third level education.
the final 2012 ‘What’s Left’ tracker series conducted by the Irish league of Credit Unions shows 61% of people have €100 or less left at the end of the month once essential bills are paid.
…So why is the Department of Finance dragging its heels on figuring out that this policy would be cash-positive for the State, asks independent TD Stephen Donnelly.
The Central Bank has been urged to strengthen regulations on moneylenders in the light of newly released figures that suggest increasing numbers of families are turning to them.
Ireland and a euro break-up, the truth about tribunals, white collar crime and the dangers of ‘pay day’ loans – former trader Nick Leeson rings the closing bell on 2011.
Stark figures from the CSO finds that the number of Irish citizens emigrating is still rising sharply – is emigration an option you have considered in the last 12 months?
More women than men find financial terms confusing – but women are perceived to manage their personal finances better than their male counterparts, according to new research .
Disposable income index shows that half of Irish people don’t feel able to save regularly – and increasing numbers of working adults are left without spare cash after essentials paid for.
The Finance Minister wants Irish people to loosen the pursestrings to get the economy moving. Will you be breaking out your savings (if you have some)?
THE CENTRAL Bank and Financial Regulator have published a report proposing methods to help people who are experiencing financial problems during the recession.
Banks and building societies would (still) have to wait 12 months before applying for a home repossession, if the person in arrears is cooperating
If homeowners sign up to a new repayment arrangement, the 12-month period would start only when they fall into arrears under the new scheme
Information must be provided to borrowers in clear English when they go into arrears
Lenders would have to wait for the outcome of any complaint or appeals process before applying for repossession of a home
Lenders would be required to explore “all viable options” and alternative repayment measures with homeowner
Lenders would be stopped from forcing people to switch from a tracker mortgage to another type of mortgage
Lenders would be required to set up an appeals process for homeowners
Lenders would be required to have in place a Mortgage Arrears Resolution Process (MARP) as a framework for handling arrears and pre-arrears cases
The Mortgage Arrears and Personal Debt Expert Group, who put together the proposals, are seeking feedback from any interested parties. It asks that all suggestions be made by 3 September.
Find more information on the Financial Regulator‘s website, or email suggestions (which you would not mind being published publicly) to: code@financialregulator.ie.
