I currently have a bank loan paying back 329.00 per month. I've had this for the last 12 months and have 30 more payments to repay. No problems there. I earn £45K p.a. All repayments up to date, never missed one!
I've recently started a new job in the public sector far far away from the volatile IT Industry I'm used to. I'm delighted with the stability.
However the pay day is different from my old job and I was advised to restructure the loan to change the date I would repay my loan each month. Obviously a couple of days after pay would suit nicely and be quite sensible from everyones point of view in case of payroll errors etc,
My loan application was just refused as I have not been in the job long enough!!!!.
After restructuring I was going to get a top up of €1500 for course fees and the amount I was to repay was actually less then what I am repaying at the moment.
I'm hopping mad as I have not missed a repayment in over 10 years despite a redundancy in the last couple of years which had no adverse affect on loan payments.
Any advice or suggestions? Should I appeal or what can I do?
I've recently started a new job in the public sector far far away from the volatile IT Industry I'm used to. I'm delighted with the stability.
However the pay day is different from my old job and I was advised to restructure the loan to change the date I would repay my loan each month. Obviously a couple of days after pay would suit nicely and be quite sensible from everyones point of view in case of payroll errors etc,
My loan application was just refused as I have not been in the job long enough!!!!.
After restructuring I was going to get a top up of €1500 for course fees and the amount I was to repay was actually less then what I am repaying at the moment.
I'm hopping mad as I have not missed a repayment in over 10 years despite a redundancy in the last couple of years which had no adverse affect on loan payments.
Any advice or suggestions? Should I appeal or what can I do?