I have a feeling that when you actually apply for one of these soccer loans it might not be that easy to get it as suggested by some media commentators.http://www.independent.ie/business/...000-for-fans-to-go-to-euro-2016-34294987.html
I'm curious to hear what people make of this story.
As a depositor/shareholder/taxpayer, these stories always make me nervous.
But should anybody really be taking out a high interest loan to fund a holiday in the first place?
Rather than calling on regulators or politicians to intervene in what, at the end of the day, is a lawful business, surely the Consumer Association should be trying to ensure that consumers are fully aware of the true costs of borrowing excessive amounts to fund current spending. No?
Who cares? Are we really that much of a nanny state that we now pass judgement on the reasons why people borrow money. Who cares if people want to borrow for going to France, a bet on the 2:50 on Haydock or a new car. I remember people taking out huge credit union loans for Italia 90 and every other tournament since.
Shock Horror !! Bank lends money to people !!
For crying out loud, every bank in the country offers unsecured loans for everything from holidays to decorating to whatever the person wants to use the money for. PTSB state they will lend up to €75k and claim to give provisional approval in 5 minutes. it's not a big deal, it's how banks actually make a profit.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?