{"id":322234,"date":"2026-02-28T18:32:16","date_gmt":"2026-02-28T18:32:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/322234\/"},"modified":"2026-02-28T18:32:16","modified_gmt":"2026-02-28T18:32:16","slug":"money-experts-on-the-pros-and-cons-of-borrowing-and-whether-they-have-any-loans-themselves","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/322234\/","title":{"rendered":"Money experts on the pros and cons of borrowing \u2013 and whether they have any loans themselves"},"content":{"rendered":"<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-91174671_secondary indo-1d70522a_marginbottom4 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop4\" style=\"color:var(--color-primary-80)\" data-testid=\"title-summary\">It\u2019s important to understand the difference between good debt and bad debt\n<\/p>\n<p><img decoding=\"async\" alt=\"What questions should you ask yourself before taking out a loan? Photo: Getty\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/8f008db1-f2bc-4832-a8bc-e84b06462afe.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">What questions should you ask yourself before taking out a loan? Photo: Getty<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Taking out a loan is generally not encouraged when financial planning. We are mostly taught to believe that debt is bad. However, loans may be unavoidable at certain times, or even too tempting to resist when repayments look manageable.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The latest figures from the Banking and Payments Federation Ireland (BPFI) show that there was a record number of personal loans taken out in the third quarter of last year \u2013 73,626 in total.<\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s important to understand the difference between good debt and bad debt What questions should you ask yourself&hellip;\n","protected":false},"author":2,"featured_media":322235,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[2605,72,25745,61,60],"class_list":["post-322234","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-banking","tag-business","tag-credit-unions","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/322234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=322234"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/322234\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/322235"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=322234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=322234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=322234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}