Financial help - No excuse for ESB’s credit rate

It is unacceptable that the ESB, a semi-State body, should be responsible for financial hardship inflicted on people who, through circumstances, are forced to get basic household equipment on the company’s expensive credit scheme.

Financial help - No excuse for ESB’s credit rate

Charging a rate of 22.9% interest on items such fridges and cookers is exorbitant, and is just fractionally under the rate charged by money lenders.

That - combined with the cost of electricity - is causing extreme financial problems for many of the country’s less well-off trying to exist on minimal household budgets.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

Revoiced

Newsletter

Sign up to the best reads of the week from irishexaminer.com selected just for you.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited