Costly Lending in Northern Ireland .Expensive legal financing – a meaning Costly appropriate lending identifies any part of licensed appropriate financing where in fact the price of great interest or APR is notably above prices made available from banking institutions.

Costly Lending in Northern Ireland .Expensive legal financing – a meaning Costly appropriate lending identifies any part of licensed appropriate financing where in fact the price of great interest or APR is notably above prices made available from banking institutions.

Introduction

With its ‘Review of High Cost Credit’ (2010) work of Fair Trading defines the cost that is high sector as composed of pawn broking, payday along with other short term little amount loans, house credit and rent-to-buy credit.