We borrowed 10,000 for aib about 2 months ago to buy a car. we have been looking and even went over to england but failed to get the car we wanted. we then decided that, as the money was just sitting in our current account, that we should put it in some better account ie ebs. Anyway I went into the bank yesterday to withdraw the 10k and to cut a long story short on the advice of the guy in the bank we decided to give back the loan. It ment we lost €100 as penelty for paying back loan. Thing is, we still need to buy a car but had decided that maybe we would wait till the new year. The bank assured us we would not have a problem borrowing again in a few weeks or months. I just remebered that the interist rates went up so maybe we should have held on to the money. what do you think??