Hi all,
I have just completed a postgrad. Prior to this I took out a student loan in the sum of €10,000. The terms of said loan were that I would make interest only repayments for a year and then to begin repaying the principle. However, for various reasons I will be studying for the next 6 months or so.
My question is: Is it possible for me to renegotiate the terms of the loan so that I push back the date at which I begin to repay the principle, by about six months? In the intervening period I would like to make the interest repayments. Essentially what I am asking is would they allow me to keep paying interest as I was for another six months or are they inflexible?
Many thanks.