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Listen: Credit Unions Says 25% Of Adults To Borrow This Year To Fund "Major" Expense.

: 01/22/2019 - 10:16

One in four adults plan on borrowing money to fund a major expense in 2019.

Half of adults surveyed however, say they would be reluctant to borrow from a financial institution this year.

That's according to a new survey carried out by iReach for the Irish League of Credit Unions.

Paul Bailey from the ILCU says cars, housing and travel are the main reasons why people will borrow:

newstalk2318809.mp3, by Ciara Plunkett

Stock image: Pexels.

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