Advise on UK debt - living in Ireland

F

financeneed

Guest
Hi there, I am hoping someone out there can help me:


I have been living in Ireland now for three years, having moved from the UK. I am in full time employment, but have many debts which are troubling me.

Basically, i am concerned about my debts and want to get on top of them. When i was living in the UK, i took out a 6000pounds graduate loan, of which i have 3500 left to pay. I have been consistently paying the loan off whilst i have been living here, as i have kept my account over in England and paid into this account on a monthly basis to cover the loan amount. However i have noticed that the loan amount was not taken out over the christmas period (i am ringing the bank today to check what the problem was here).


I was speaking to someone before christmas and they said that i shouldnt be paying back my english loan, because i have left the UK and they have no way of chasing the debt. Is this true?? I have never once thought about not paying it off, and want to continue paying it off, but wanted to ask about this. Do people do this?


Thank you in advance.
 
The world is a small place, If you did need to ever live or work in the UK this debt would be hanging over you,

3500 isnt a lot of money to pay back
 

Of course a bank can trace you the small distance from England to Ireland, if they want to. There are many ways of tracking someone down, especially when they've only moved a few miles. Whether or not a bank would bother doing this over a loan of £3,500 is another matter entirely.

You entered into an agreement to borrow money off a bank and you undertook to repay it to them over a period of time. The fact that you've moved to Ireland doesn't alter that agreement.
 
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