The ECB has increased its interest rates twice in three months.
Rising inflation and increased interest rates are having a notable impact on borrowers in the midlands.
Yesterday, the European Central Bank raised its interest rates by an unprecedented 0.75 per cent.
It follows an earlier 0.5 per cent rise in July, after which a dip in borrowing was recorded at North Midlands Credit Union.
Manager Tom Allen expects inflation to continue having a knock-on effect on borrowers for a long time to come:
Laois Gardaí Thanking Public After Finding Missing Woman
Missing Laois Teenager Found Safe And Well
Man In His 90s Dies In Laois Crash
Offaly Prize Bonds Holder Wins €500k
BNM Workshop Reunion Taking Place In Offaly Tomorrow
ICTU Reminds Employees Of The Right To Disconnect
Laois Town To Host Famine Commemoration Event
Plans For Billion Euro Data Centre In Westmeath Face New Appeal
Westmeath Councillor Advocates For More Remote Working Hubs
Midlands Homelessness On The Rise
Hundreds Without Power In Westmeath
Westmeath Domestic Abuse Support Service Reports Rise In Cases
Laois TD Highlights GP Gap
Call Made For 'Cost Of Disability Payment' in Budget 2027
Offaly Coffee Shop Listed Among Top 100 In Europe
Man To Stand Trial Over Midlands Tasering Accusation
Another Report Underlines Midlands House Price Inflation
Midlands Braced For Severe Thunderstorms
Sustainable Livestock Village Programme Launched For Tullamore Show
Offaly Woman Named National Carer Of The Year