D
deeptek
Guest
Hi Folks,
I know this question is asked a lot but here's my scenario.
Single guy, employed, salary 35k (about 50% of what i was on 2 years ago). Mortgage originally 150k taken in 2002 and but not really in trouble there. A house on the estate has recently changed hands for 235k so I am not too worried about it at the moment. The rental market is strong in the area also and I have just rented one room for 80Eu a week, which is handy.
Now I have no car loan but have a credit card with 6.5k on it and an overdraft of 2.5k. To be fair to myself, a lot of these bills were incurred furnishing and finishing the house. While I am making monthly payments on the credit card I am getting nowhere really in paying it off..Apart from monthly bills which i am keeping paid, I have no real other debts.
I want to consolidate the credit card and overdraft (both with BOI who I have always been with) but with the way things are I am unsure how the bank will look on an application for this. I also wonder how i should approach this with the bank. Should I tell them what I am trying to do? Should I call them and try to arrange a meeting? What do people think? Do ye think they would look favourably on this or would i be wasting my time? I would like just to clear the two, close the credit card a/c and have one payment coming out to pay these two bills off.
Any advice appreciated.
I know this question is asked a lot but here's my scenario.
Single guy, employed, salary 35k (about 50% of what i was on 2 years ago). Mortgage originally 150k taken in 2002 and but not really in trouble there. A house on the estate has recently changed hands for 235k so I am not too worried about it at the moment. The rental market is strong in the area also and I have just rented one room for 80Eu a week, which is handy.
Now I have no car loan but have a credit card with 6.5k on it and an overdraft of 2.5k. To be fair to myself, a lot of these bills were incurred furnishing and finishing the house. While I am making monthly payments on the credit card I am getting nowhere really in paying it off..Apart from monthly bills which i am keeping paid, I have no real other debts.
I want to consolidate the credit card and overdraft (both with BOI who I have always been with) but with the way things are I am unsure how the bank will look on an application for this. I also wonder how i should approach this with the bank. Should I tell them what I am trying to do? Should I call them and try to arrange a meeting? What do people think? Do ye think they would look favourably on this or would i be wasting my time? I would like just to clear the two, close the credit card a/c and have one payment coming out to pay these two bills off.
Any advice appreciated.