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    KBC Ireland sells €1.9bn of bad loans to Goldman Sachs - no family homes.

    https://www.rte.ie/news/business/2018/0809/983957-kbc-nonperformingloans-goldmansachs/
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    Shorting Bitcoin

    CBE and CBOE will be offering Futures contracts on Bitcoin as early as this month. I would respectfully suggest that before anyone shorts Bitcoin to remember that markets can stay irrational longer than you can stay solvent.
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    Key Post What does "acting in the best interest of customers" mean?

    This could easily be interpreted as meaning that a customer who was to move to a variable rate or a flexi annuity rate, after a fixed rate, should have been offered a tracker, if the tracker rate was the lowest available variable rate at the time, and so in the best interests of the customer. A...
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    Why are borrowers not using the ISI to get mortgage write downs?

    And yet again it begs the question why aren't these borrowers using the ISI to get debt write down?
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    Health Insurance Fair deal and sale of family home.

    According to the FD guidelines someone needing nursing home care is exempt from contributing 7.5% of the value of their family home to the cost of their care if they have already been in a nursing home for 3 years before applying for FD. If the person then qualifies for FD, because savings run...
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    Renting in Dublin - how much rent up front?

    Ok so how typical is being asked for 6 months rent up front plus deposit in south Dublin ? Daughter and some of her friends are UCD students and looking for off campus accommodation and that's what we were asked for on our first viewing yesterday !! In my naivety I assumed a deposit plus one...
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    Government Strengthens Framework to Support Mortgage Holders in Arrears

    Government Strengthens Framework to Support Mortgage Holders in Arrears Wednesday 13 May - The Government has agreed a number of new measures to support mortgage holders who are in arrears. Building on action already taken, the measures aim to increase the supports available to people in...
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    Ross Maguire questions legality of interest rate increases

    NB's Ross Maguire on variable rate mortgage debate: pic.twitter.com/90k5XuCvEo
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    "Kilkenny Trust" that makes your mortgage "disappear "!

    Karl Deeter blogs about the Kilkenny trust that makes your mortgage disappear.
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    Quarterly National Household Survey

    Survey from CSO. Supports retail sales charts and falling Aggregate demand.
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    Officially Ireland is back in recession.

    Irish Q1 GDP -0.6% q/q. Q4 2012 revised down to -0.2% so Ireland is technically back in recession. With further fiscal tightening of €3.1bn in 2014 and €2.5bn in 2015 it's hard to see where the growth is going to come from. Only a fraction of the capital budget from last year has been spent...
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    Central Bank Pilot Debt Scheme and New Insolvency Laws.

    A [broken link removed] would see unsecured debts discharged over a 5 to 6 year period and your name on a register. The Central Bank Debt Scheme will see unsecured debts written off after 2 years if the borrower is " still in difficulty". What does "still in difficulty" mean in this context?
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    Direct Debit deducted the day before it was due - Is this normal ?

    I'm just curious about this. Last night I was doing some on line banking with PermTSB and noticed a direct debit had been deducted from my account but dated 15/3/2011 even though last night was clearly the 14/3/2011 and the DD isn't due until today, the 15th! So had I checked my account this...
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    ARF(deposit account) versus Deposit account.

    Is there any advantage of an ARF, where the funds are invested in deposit accounts, over a straight deposit account? As I understand it ARF funds grow tax free but withdrawals are subject to PAYE taxes and there are early encashment penalties in the first 6 years. Straight deposits accounts are...
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    Ryanair take full advantage !

    Got to hand it to them for [broken link removed]. :D
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    Rooney available to play away from home !

    [broken link removed]! I thought he was already doing it !!
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    NCT test a better approaches

    +1, which is why testing 10 yeard old cars once a year is load a of rubbish. Lets give all young male drivers a 2010 car to eliminate road deaths ! :rolleyes:
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    Tax implications of giving a loan to sibling.

    I'm considering giving a loan to my sister for her business as she is having difficulty with credit lines. My intention is for the loan to be interest free and repayable at her discretion. What are the tax implications for me and her ?
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    Dentist in Waterford City

    Looking for a recommendation for a dentist in Waterford city for a friend who has relocated there.
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    All Premiership games cancelled this weekend.

    due to suspicious betting patterns in the Far East ............someone put a fiver on Spurs to win ! Muhahahahahahahahaha.
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