S
siofra
Guest
Once again I am in tears after trying to sort out my finances with ICS . Every time I ring up I have to speak to someone new and today was no different. My Husband has got a job in NZ and myself and my young family are moving over there early Sep. We want to put our House on interest only for 2 years. We Applied in Jan 2010 and finally were approved for 6 months interest only in march 11...it took 8 weeks of hassling them to get an answer Thankfully for us they did approve us but said that they could only give approval for 6 moths at a time ....and we would have to reapply again....which having learnt our lesson the hard way we sent in the exact same details in again in April and today I received letter saying" Due to the fact that the loan does not fall within the criteria set out for the interest only product ,Your request has been declined by our credit dept. Please call our collections department.
So I rang them ..(only after going on along walk to calm myself down) ...The officer seem to be very detached and uninterested .I explained that this needed to be sorted before I left the country as it was hard enough dealing with them in Ireland ...I can't imagine what it would be like dealing with them from overseas. i said we could only afford interest only and asked what were they going to do ??? He said the collection team would be looking at it and that they would let me know in time.....should be before the end of August!!!! The stress is unbelievable .....I said i was trying to help them by letting them know what our situation was and trying to get all the paperwork into them on good time as i know that they are snowed under. I suggested that i go and see them in person he said I could if i wanted to but that they would not make any difference as no decisions would be made on the day . I really don't have any faith in their abilities . background on this .... 100 percent mortgage taken out in 2007 for 375k , went to interest combo of 1000 per month in 2009 ... 2011 interest only for 6 months. Have been trying to rent house out and if we do we were going to add this to the interest only but as we live in a remote part of the country and so far no luck with trying to rent it out. Would love to sell it but its only worth 190k . I am not trying to run away from my problems and commitments to the bank ... but today it all seemed too hard and I just feel like walking away from it all. I just dread dealing with them ..Anybody have any similar experiences dealing with them or any suggestions for me ...thanks Siofra
So I rang them ..(only after going on along walk to calm myself down) ...The officer seem to be very detached and uninterested .I explained that this needed to be sorted before I left the country as it was hard enough dealing with them in Ireland ...I can't imagine what it would be like dealing with them from overseas. i said we could only afford interest only and asked what were they going to do ??? He said the collection team would be looking at it and that they would let me know in time.....should be before the end of August!!!! The stress is unbelievable .....I said i was trying to help them by letting them know what our situation was and trying to get all the paperwork into them on good time as i know that they are snowed under. I suggested that i go and see them in person he said I could if i wanted to but that they would not make any difference as no decisions would be made on the day . I really don't have any faith in their abilities . background on this .... 100 percent mortgage taken out in 2007 for 375k , went to interest combo of 1000 per month in 2009 ... 2011 interest only for 6 months. Have been trying to rent house out and if we do we were going to add this to the interest only but as we live in a remote part of the country and so far no luck with trying to rent it out. Would love to sell it but its only worth 190k . I am not trying to run away from my problems and commitments to the bank ... but today it all seemed too hard and I just feel like walking away from it all. I just dread dealing with them ..Anybody have any similar experiences dealing with them or any suggestions for me ...thanks Siofra