Friends,
I have a quick question regarding the bank personal loan. I have borrowed 15000 euros and paying the installments regularly without any arrears. I am also insured so that in any case of un-foreseen circumstances the insurance company will cover my loan. 'am originally not from ireland but residing in the state from past 5 years. My question is in case I have to go back say for example by the end of next year....what I should do. How can I convience the bank that I will not be in the position to service the loan. How to tackle this situation because, it is quite obvious that it will be difficult for anyone to pay lumpsum. Please advise.
Warm Regards,
Pint
I have a quick question regarding the bank personal loan. I have borrowed 15000 euros and paying the installments regularly without any arrears. I am also insured so that in any case of un-foreseen circumstances the insurance company will cover my loan. 'am originally not from ireland but residing in the state from past 5 years. My question is in case I have to go back say for example by the end of next year....what I should do. How can I convience the bank that I will not be in the position to service the loan. How to tackle this situation because, it is quite obvious that it will be difficult for anyone to pay lumpsum. Please advise.
Warm Regards,
Pint