Charity urges bank restraint on debts

CHARITY campaigners last night called on banks to show restraint after a huge increase in the number of people brought to court for failing to pay debts.

The plea from the Society of St Vincent de Paul (SVP) comes after the Irish Examiner revealed court cases against debtors are up 30% to 40% on last year.

The SVP last night said banks and other lenders had played a role in creating Ireland’s debt burden by allowing people to borrow too much during the boom years.