Ian123ireland
Registered User
- Messages
- 5
Hi all I have been so stupid with my finances through my life and now one had decided to bit me. I had a credit card I maxed out at 400 pounds Irish in 2001. I never paid it I lived abroad for a few years and just ignored it I know it's stupid but it was done. I contacted the bank last week and agreed to make a weekly payment to pay it back I owe around 750 euro but if I need to I can get the funds to repay it as I will just get rid of it. I asked the guy in collection if I would have a black mark on my credit report he said no as the debt is so old and when payment I'd done the debt will be marked as closed. I am applying for a mortgage with my wife she knew nothing of the credit card debt as it was from many years before her. Does anyone know if the guy in the bank is correct in saying that once final payment has been made it won't affect my mortgage application.