My bank has closed in ireland.. do i still pay up?

N

nessy

Guest
I have a loan with HFC who have ceased operations in Ireland..will my credit rating be affected if i discontinue making my repayments?
 
They are still listed as an ICB member ([broken link removed]) so yes...


the court judgement they get against you will mean no other bank will touch you with a barge pole...


and that's not even starting on the moral advise...
 
I have a loan with HFC who have ceased operations in Ireland..will my credit rating be affected if i discontinue making my repayments?

Another bank will take over their assets, i.e. your loan.

You need to continue paying your loan as normal.
 
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