Irish Home Improvement Loans Soar To Record Levels

The average amount sits at over €12,800.

Loans for home improvement works are hitting new record high levels. 

The latest report from the Banking and Payments Federation Ireland shows they're up by just over 10%, with the average amount at over €12,800.

While personal values including cars, special occasions and green loans for electric cars and retrofitting works are up by around 17% in comparison to last year.

CEO of Tullamore Credit Union Paul Shaw says the current market reflects that:

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