loan repayments

[suimhneach]

hi all just a quick question i have a BOI loan which i pay back once a fortnight. My job has changed so now i get paid once a month and would like to arrange instead to pay back the loan twice monthly i would like to pay it back when my pay comes in at the end of the month. Basically my question is Can i do this using 365 or is it a bit more complicated

 

[Locke]

Hi Suimhneach

You would have to get in touch with BOI. I would expect they would need letter signed by yourself asking to amend the payment frequency and date.