BreakingNews.ie·3 min read·medium

Irish consumers borrow record €3bn in personal loans in just one year

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BreakingNews
Irish consumers borrow record €3bn in personal loans in just one year
AI Summary

Irish consumers borrowed a record €3 billion in personal loans over the past year, driven by increases in car, home improvement, and general purpose financing. Banking data indicates a broad-based rise in borrowing activity across all major loan categories.

Irish consumers collectively borrowed over 3 billion in personal loans in the past year.

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Irish consumers borrow record €3bn in personal loans in just one year — Headlinne — headlinne