FOLLOWING last week’s column on the extortionate rates being charged for credit card debt, I had some queries regarding debt consolidation loans which I’ll just clarify.
Just like the old Gombeen man, as most of you will have seen, there are many very helpful comparison sites out there keen to help’, like putting a fish up a tree so it doesn’t drown in the flood.
The common sticky misconception of a secured loan is its cost. In the old days, a secured loan was always significantly more expensive than a mortgage and often the last port of call, but costs are very different now, as is the competitiveness of loans.
If you have expensive credit card debts, lowering the interest is vital. The Barclaycard Avios plus’ boasts a 75 per…
Read the full article at: https://www.irishnews.com/business/2023/01/28/news/debt_consolidation_loans_-_what_you_must_look_for-3020800/