Great to be asked to be part of the Joe Duffy show today contributing on the subject of Life Loan. It is very distressing seen how these impact older people their fair deal applications and ultimately their estates which are typically decimated by the life loans and the compound interest they charge. Please avoid these financial products at all costs. Unfortunately they are being sold again.
The Government have finally passed the legislation to exempt Rental Income from assessments under the Fair Deal. This has come into effect from the 1st of February 2024. It means that any resident who...
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