The CEO of St Francis Credit Union says they’re seeing an increase in the number of parents borrowing to cover costs for their child’s first communion or confirmation day.
Families are due to be around €3,000 a year worse off on average due to the rising cost of living.
Most religious sacraments in schools throughout the county are taking place through this month and next month.
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St Francis Credit Union CEO Louis Fay says it’s just one area that’s putting further pressure on families.
