carebear28
Registered User
- Messages
- 5
Hi I have a personal loan (balance left about €4500) Ive been struggling to make repayments 68.31 p/w for the past year and basically repayments have been coming from my overdraft which is now at its limit of €1500.
Ive contacted my bank about getting my payments reduced as im unemployed and on 186.20p/w but was told that my loan would have to be restructured which is like applying all over again and as im not working I wouldnt be approved.
Ive gone to mabs but nothing they can do for me until five weeks when they have seen my budget sheets and where im spending my money every week. The lady told me if i missed a payment in that time to advise them im in talks with mabs but I really dont want to miss payments and then get charged €12.70 unpaid s/o fee.
What Id ideally like to do would be to get a loan for 6k enough to pay off my overdraft and then reduce my overdraft limit to €200 for emergencies.
Ideally my loan repayments would be €30 p/w and any week I have money left over Id put that into my loan also.
Can anyone give me advice on what to do?? Thanks in advance.
Ive contacted my bank about getting my payments reduced as im unemployed and on 186.20p/w but was told that my loan would have to be restructured which is like applying all over again and as im not working I wouldnt be approved.
Ive gone to mabs but nothing they can do for me until five weeks when they have seen my budget sheets and where im spending my money every week. The lady told me if i missed a payment in that time to advise them im in talks with mabs but I really dont want to miss payments and then get charged €12.70 unpaid s/o fee.
What Id ideally like to do would be to get a loan for 6k enough to pay off my overdraft and then reduce my overdraft limit to €200 for emergencies.
Ideally my loan repayments would be €30 p/w and any week I have money left over Id put that into my loan also.
Can anyone give me advice on what to do?? Thanks in advance.