‘Families Are Fleeing Laois In Fear Of Illegal Money Lenders’

Written 2 months ago by Mary Kate Findon


A Laois councillor claims people have been fleeing the county in fear of their lives after borrowing from illegal money lenders.

Caroline Dwane Stanley says some are being crippled by interest rates of up to 100 percent – and is urging anyone struggling to instead turn to the credit union.

Some families have had to be relocated by the council for their own protection after the situation turning nasty when they couldn’t make their payments.

The Sinn Fein representitive says while an easy loan can be tempting, it’s not worth the consequences.