Credit Card Debt in Ireland: Recent Trends

  title={Credit Card Debt in Ireland: Recent Trends},
  author={John Kelly and Aisling O Reilly},
The rapid build-up of debt by Irish households over the past decade has attracted attention to all aspects of personal borrowing. While most of the increase in personal debt has come from residential mortgages, the ease with which debt can be run up on credit cards makes trends in credit card borrowing of particular interest. The Statistics Department introduced a new and expanded monthly return for credit card issuers in early 2004; data from this return are now available and are analysed in… CONTINUE READING