The Banking and Payments Federation of Ireland released their new report for the third quarter of 2024.
People are borrowing more loans now than they were a year ago, with the value of loans also seeing an increase.
New figures release from the Banking and Payments Federation of Ireland show a rise in car and home improvement loans taken out in the final quarter of 2024.
The value of personal loans also saw a surge, reaching €670m across all categories, and green loan values reached their highest point to date at over €24,000.
Head of Lending at North Midlands Credit Union, Collette O'Connell, says recently things have tapered off slightly but are overall holding strong:
Ploughing 2026 Day Two: As It Happened
There Are Very Strict Rules When It Comes To International Sport - Tanaiste
Terminating A Pregnancy Is Not An Easy Or Quick Decision - Sorca Clarke
Three Day Abortion Waiting Period Under Scrutiny In Leinster House
An Post Opens Recruitment For 1,600 Christmas Workers
Initiative Tackling Drug Related Intimidation Gets Funding Boost
Westmeath GAA Star Raises Concerns Over Future Of Irish Farming
Westmeath Market House Redevelopment Could Begin Construction By December