Nicola Geraghty, who took a mortgage at 22, faces severe financial struggles as Mars Capital seeks to repossess her home. Despite making monthly repayments of â¬650, she is significantly short of the required payment of â¬1,925. Geraghty reflects on the profound negative effects this mortgage has had on her life, describing it as a burden that has cost her health and relationship stability. With â¬165,000 in arrears, she finds it challenging to plan for her children's future and her own well-being.
Nicola Geraghty expressed that obtaining a mortgage at a young age became a 'burden' affecting her health and relationships, highlighting the long-term repercussions of financial decisions.
With â¬165,000 in arrears and interest rates at 7.7%, Geraghty struggles to meet her payment obligations and fears for her family's future amidst her financial distress.
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