Money experts on the pros and cons of borrowing – and whether they have any loans themselvesIt’s important to understand the difference between good debt and bad debtWhat questions should you ask yourself before taking out a loan? Photo: GettyNiamh Hennessy Today at 06:30Taking 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.

Source: Irish Independent February 27, 2026 07:56 UTC