C
clarity82
Guest
Hi guys.
New to the forums here, but hoping to get a bit of advice to help try get my debt problems sorted and appreciate any of you taking the time to reply.
I've basically been unemployed since the start of the year and have been using my redundancy payment along with my weekly welfare payment to try clear as much debt as possible. (to date have cleared near 10 grand)
Guess i was hoping i would be able to find work before the redundancy payment ran out.
However it's now got to the stage where the redundancy money is gone and the welfare payments just aren't enough to keep everything ticking over.
I phoned the bank (boi) earlier in relation to the remaining balance on my personal loan and it was suggested that i contact the manager of my local branch to arrange an appointment, as it may be possible to arrange a long term loan to clear everything.
Now, straight away i thought to myself it would be impossible to arrange a loan considering the fact i'm not working, but the girl i was talking to in boi asked if i was on welfare before suggesting this step, and that perhaps a long term loan over 7 years with low repayments could be arranged.
I was just wondering if anyone on here had any joy with arranging a loan with the bank in a similiar situation?
I have no problem meeting with my local branch manager to discuss my debts etc but was hoping to get a bit of feedback before getting my hopes up that a loan could be arranged.
Breakdown of my debts are as follows:
Personal loan €1500.00 remaining
Credit card €4500.00
Overdraft €700.00
i get €204.30 a week on welfare, however have no other assets as still living at home. I've been with the bank for almost 15 years now and have had, and paid back 2 other loans in this time. (unsure as to wether that would stand me in good stead with them).
Again, i appreciate anyone taking the time to reply, although i'm not hopefull of a loan being approved so any other suggestions for dealing with crdit card companies etc would be appreciated.
Thank you so much.
Adam.
New to the forums here, but hoping to get a bit of advice to help try get my debt problems sorted and appreciate any of you taking the time to reply.
I've basically been unemployed since the start of the year and have been using my redundancy payment along with my weekly welfare payment to try clear as much debt as possible. (to date have cleared near 10 grand)
Guess i was hoping i would be able to find work before the redundancy payment ran out.
However it's now got to the stage where the redundancy money is gone and the welfare payments just aren't enough to keep everything ticking over.
I phoned the bank (boi) earlier in relation to the remaining balance on my personal loan and it was suggested that i contact the manager of my local branch to arrange an appointment, as it may be possible to arrange a long term loan to clear everything.
Now, straight away i thought to myself it would be impossible to arrange a loan considering the fact i'm not working, but the girl i was talking to in boi asked if i was on welfare before suggesting this step, and that perhaps a long term loan over 7 years with low repayments could be arranged.
I was just wondering if anyone on here had any joy with arranging a loan with the bank in a similiar situation?
I have no problem meeting with my local branch manager to discuss my debts etc but was hoping to get a bit of feedback before getting my hopes up that a loan could be arranged.
Breakdown of my debts are as follows:
Personal loan €1500.00 remaining
Credit card €4500.00
Overdraft €700.00
i get €204.30 a week on welfare, however have no other assets as still living at home. I've been with the bank for almost 15 years now and have had, and paid back 2 other loans in this time. (unsure as to wether that would stand me in good stead with them).
Again, i appreciate anyone taking the time to reply, although i'm not hopefull of a loan being approved so any other suggestions for dealing with crdit card companies etc would be appreciated.
Thank you so much.
Adam.