Avoid Moneylenders if possible. The maximum rate of APR, when collection charges are included, can be as high as 287%with licensed moneylenders. A €500 loan at 287% APR would end up with interest charges of €173 over 6 months.

Credit Card

From the Competition and Consumer Protection Commission (CCPC) 2 of the top 5 credit card regrets are taking out cash with your credit card maxing out your card and still paying items off years later. Here a bill of only €1,000, with only €20 paid off the bill every month, could take 14 years to … Read more