Households have just €100 left after paying bills, report finds

Struggling households are left with €100 each month after bills are paid, according to a credit unions report which also calls for more action to limit the scope of moneylenders.

The June 2012 What’s Left Tracker Findings from the Irish League of Credit Unions (ILCU) shows deepening consumer worries over rising debt levels and possible cuts to either social welfare rates or income tax.

The report finds 17% of adults (602,000 people) say they have no money left at the end of each month once they have paid their bills, while 14% of working adults (252,000 people) say the same.