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Your Questions: Is it safe to opt for the new mortgage lender offering low rates?

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The lender offering these rates, Avant Money, has been operating in Ireland under the name Avantcard for a number of years. (Stock image)

The lender offering these rates, Avant Money, has been operating in Ireland under the name Avantcard for a number of years. (Stock image)

The lender offering these rates, Avant Money, has been operating in Ireland under the name Avantcard for a number of years. (Stock image)

Q. I have seen that there is a new European lender offering low rates entering the Irish market. I would like to check it out but am slightly nervous because I have never heard of them. Is it safe?

A. Absolutely, is the answer from head of credit at MyMortgages.ie Joey Sheahan. The lender offering these rates, Avant Money, has been operating in Ireland under the name Avantcard for a number of years. Avantcard offers personal loans and credit cards and has done for over 20 years, he said.


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