J jakearmitage Registered User Messages 38 1 Jun 2009 #1 I got a student loan from the bank of ireland last year of 10k and the amount I have to pay back is 14000 over 5 years, does this seem high to you?
I got a student loan from the bank of ireland last year of 10k and the amount I have to pay back is 14000 over 5 years, does this seem high to you?
A allthedoyles Registered User Messages 1,011 1 Jun 2009 #2 In my opinion, it is on the high side ......... At 10.9% APR , you should pay back around €12,800 over 60 months ...thats about € 210 monthly .imo
In my opinion, it is on the high side ......... At 10.9% APR , you should pay back around €12,800 over 60 months ...thats about € 210 monthly .imo
S so-crates Registered User Messages 1,872 2 Jun 2009 #3 Did they not quote you an APR for that? Were the loan repayments to start immediately or after a period of time? If the repayment was delayed was the interest accumulating from the start of the loan or deferred until repayments started?
Did they not quote you an APR for that? Were the loan repayments to start immediately or after a period of time? If the repayment was delayed was the interest accumulating from the start of the loan or deferred until repayments started?