D
dilbert27
Guest
5 year personal loan (4 years left): 15000
5 year personal loan (3.5 years left): 3300
5 year car finance (2 years left): 5500
1 credit card (make min. payment): 1990
overdraft: 1000
After this months repayments this overall figure will be about 2700 euro.
My monthly repayments are:
loan 1: 403
loan 2: 105
loan 3: 236
CC: 100 (although I always end up having to use this for something)
and I reach my overdraft limit every month. Once you hit the limit it's hard to break the cycle.
These repayments come to around 844 euro a month. What I would like to do is take a personal loan of 27000 over 4 years at a repayment of 674 per month but make the payment fortnightly to repay it faster.
Then cancel my credit card and overdraft facility so I then just have one loan repayment that is more manageable and freeing up 170 euro a month for cash flow.
Would AIB go for such a plan?
5 year personal loan (3.5 years left): 3300
5 year car finance (2 years left): 5500
1 credit card (make min. payment): 1990
overdraft: 1000
After this months repayments this overall figure will be about 2700 euro.
My monthly repayments are:
loan 1: 403
loan 2: 105
loan 3: 236
CC: 100 (although I always end up having to use this for something)
and I reach my overdraft limit every month. Once you hit the limit it's hard to break the cycle.
These repayments come to around 844 euro a month. What I would like to do is take a personal loan of 27000 over 4 years at a repayment of 674 per month but make the payment fortnightly to repay it faster.
Then cancel my credit card and overdraft facility so I then just have one loan repayment that is more manageable and freeing up 170 euro a month for cash flow.
Would AIB go for such a plan?