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Ombudsman warns financial firms on treatment of customers

FINANCIAL firms have been warned by the ombudsman for sector to treat customers fairly. Financial services ombudsman Ger Deering’s warning came after making findings against a large number of them. He said financial firms are often not willing to listen to customers or engage properly. His decisions are legally binding. The ombudsman has the power […]

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Ombudsman Report – underpayment of credit card debt

Pavel acquired a credit card in 1998 and made the necessary repayments on the card every month until October 2012, when he accidentally underpaid the amount by €19. He called the lender in November to say that he would make the payment of €19 as well as the late fee charge of €15. But following […]

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Ombudsman Report – underpayment of credit card debt

Pavel acquired a credit card in 1998 and made the necessary repayments on the card every month until October 2012, when he accidentally underpaid the amount by €19. He called the lender in November to say that he would make the payment of €19 as well as the late fee charge of €15. But following […]

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How scheme will work for those at risk of losing home

A new option has been offered for those in deep arrears. Anyone considering the scheme would be wise to get independent financial advice. Here is how it works: Q: What is this latest scheme to help those in mortgage distress? A: The Arizun ‘Stay In Your Home’ solution is a private rental scheme targeted at […]

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IDA chief: Brexit can help lure investment from UK

Brexit presents an opportunity for Ireland to win foreign direct investment (FDI) that would otherwise have gone to the UK, according to IDA boss Martin Shanahan. However, UBS chairman Axel Weber, formerly the head of Germany’s Central Bank, warned the World Economic Forum that a no-deal Brexit would have “real spillovers” for the global economy. […]

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IDA chief: Brexit can help lure investment from UK

Brexit presents an opportunity for Ireland to win foreign direct investment (FDI) that would otherwise have gone to the UK, according to IDA boss Martin Shanahan. However, UBS chairman Axel Weber, formerly the head of Germany’s Central Bank, warned the World Economic Forum that a no-deal Brexit would have “real spillovers” for the global economy. […]

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Applicants for court-approved debt deals fall

There has been a fall in the number of people applying for court-approved debt deals. Around 1,000 people got an approved insolvency deal to keep them in their homes last year, a rise on the previous year, according to the Insolvency Service of Ireland. There has been a fall in the numbers being declared bankrupt. […]

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Applicants for court-approved debt deals fall

There has been a fall in the number of people applying for court-approved debt deals. Around 1,000 people got an approved insolvency deal to keep them in their homes last year, a rise on the previous year, according to the Insolvency Service of Ireland. There has been a fall in the numbers being declared bankrupt. […]

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Sterling reaches 2-month high

Sterling jumped to a 2-month high against the euro after strong employment data suggested Britain’s labour market remained robust despite an economic slowdown ahead of Brexit. The pound slumped 7% in 2018 on Brexit concerns but it has started the year on the front foot with some investors viewing medium-term sterling valuations as decently priced. […]

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Sterling reaches 2-month high

Sterling jumped to a 2-month high against the euro after strong employment data suggested Britain’s labour market remained robust despite an economic slowdown ahead of Brexit. The pound slumped 7% in 2018 on Brexit concerns but it has started the year on the front foot with some investors viewing medium-term sterling valuations as decently priced. […]

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