Credit unions head for courts in debt quest

The Irish credit union movement has pursued members through the courts for debts of nearly €35m over the last three years.

Since 2011, almost 2,000 members have had judgments registered against them for failing to repay monies borrowed.

In 2011, credit unions registered €12.7m worth of judgments against defaulters, in 2012 it rose to €13m, and by Nov 2013, €9m worth of judgments had been registered, according to figures from Vision-net.