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CreditScore

@CreditScore_ie

Consumer affordability and risk assessment platform.

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CreditScore Reposted

🏡 Thinking about buying your first home in Ireland? 🇮🇪 Here's a quick rundown of key steps: 1️⃣ Get Your Finances in Place 2️⃣ Find the Right Property 3️⃣ Close Your Purchase Read more about financing, Approval In Principle, and more in this guide: bit.ly/3F0L2nb


CreditScore Reposted

Ireland's banks are the worst offenders in Europe when it comes to hoarding the benefits of higher interest rates while not passing on rate rises to savers. I was genuinely shocked to see the rates given to Irish savers researching this yesterday - 0%, 0.01%, 0.10%, appalling!

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CreditScore Reposted

Our Consumer Sentiment Survey reveals intriguing insights on the cost-of-living crisis. Surprisingly, 1 in 5 Irish consumers believe the worst is behind us, while 3 in 5 disagree. Curious to learn more? Further information and analysis is available here: bit.ly/43bt8sB

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The seasonally adjusted Live Register total for April 2023 was 180,500 persons, down by 300 or 0.2% from March 2023 according to a report from @CSOIreland


Credit unions across the island of Ireland today count approximately 3.6 million people as members and in the last year, the movement has provided 200,000 loans of less than €2,000 @creditunionie


CreditScore Reposted

Could credit unions be the key to unlocking more competition in the Irish financial sector? David Malone, CEO of ILCU, makes a compelling case in his @IrishTimes article. Definitely worth a read: bit.ly/3ohIiNg

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CreditScore Reposted

Excited to share an insightful article by ILCU CEO David Malone published in today's Irish Times which highlights the importance of credit unions in promoting financial competition and protecting consumers in Ireland. Read the full article here: bit.ly/3ohIiNg


The proportion of Ireland’s population aged 45 or over increased from 34.9% to 40.2% between 2012 and 2022, while the proportion aged under 45 decreased from 65.0% to 59.8%.


Prices in Ireland estimated to have risen by 8.0% in the 12 months to February 2023 - source: @CSOIreland


Early estimates indicate that Gross Domestic Product (GDP) grew by an estimated 3.5% in Quarter 4 (Q4) 2022, when compared with Q3 2022 - source: CSO @CSOIreland


Preliminary Census 2022 figures suggest that the underlying housing need in Ireland over the coming decades is likely to be in the range of 42,000 to 62,000 homes per year, not far off twice the underlying level of 28,000 new homes per year that underpins the government programme


The ECB raised its deposit rate on Thursday from 1.5 per cent to 2 per cent, its highest level since the global financial crisis in 2008.


Over the past decade owning a house has meant easy money. But today if your wealth is tied up in bricks and mortar it is time to get nervous ⬇️ econ.st/3MWBmO1

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House prices increased by 48% and the cost of renting increased by 18% across the EU from 2010 to 2022 according to data published by Eurostat today. bit.ly/3CmILkK


CreditScore Reposted

Introducing a new sponsor to this year's awards..... Irish League of Credit Unions Massive thanks to @creditunionie for partnering with us for #SocEntNIAwards22. Great to see so many Credit Unions applying for the awards this year.

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Total card spending in the month of August 2022 equated to €8.2 billion, with an average daily card spending of €265 million in the month. Transport and Accommodation sectors recorded the most significant increases.


CreditScore Reposted

"Beneath Noise,Amidst Chaos,Beyond Logic,Invisible to Crowds,Breaking Barriers,there’s always a Silent Subtle yet a Powerful Idea that evolves from Deep Roots of a Mind that Shakes the System & Before anyone realizes,there is Revolution:1st in Individual,then Neighbour & Society"


Inflation is at 40-year highs in most of the advanced economies – there is an unfolding cost of living crisis. It is more important than ever for Irish consumers to have clear visibility of their credit score and affordability.


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