Hi,
I took out a student loan when I was in college worth €6,500. The way the loan was drawn up at the time was that it would be interest free for the large majority of the time I was in college and then I would have to start repaying it just before I finish college.
The loan is expired on the 29th of July and I am due to graduate at the start of september. I have yet to secure a job and I am focusing mainly on finishing writing up my thesis. The loan was drawn up as an interest free loan and I was told I would have to restructure it on the 29th of July.
The loan required no security at the time. When I called today however I was told that indemnity would be required to restructure the loan or have some form of job contract. I cannot ask my relations to indemnify for this, they don't have the money. I feel cheated that I was told there would be no security required for this loan but they never mentioned that it would be required when it is restructured.
I took out a student loan when I was in college worth €6,500. The way the loan was drawn up at the time was that it would be interest free for the large majority of the time I was in college and then I would have to start repaying it just before I finish college.
The loan is expired on the 29th of July and I am due to graduate at the start of september. I have yet to secure a job and I am focusing mainly on finishing writing up my thesis. The loan was drawn up as an interest free loan and I was told I would have to restructure it on the 29th of July.
The loan required no security at the time. When I called today however I was told that indemnity would be required to restructure the loan or have some form of job contract. I cannot ask my relations to indemnify for this, they don't have the money. I feel cheated that I was told there would be no security required for this loan but they never mentioned that it would be required when it is restructured.