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I need advice

  • 08-04-2010 1:32pm
    #1
    Closed Accounts Posts: 4


    Ok i need advice i'm a student who has found myself in a little debt and i need to come up with idea's to get €2850 very fast what options do i have. I already have a loan from bank currently €2200 which has been to €6000. I've never missed a payment. So I am going to meet by bank manager but i am afraid they will refuse given economic climate. I currently have a job where my hours have already been dramatically cut so theres no chance of extra. What are my options. Please help I've got about two weeks to get it up!!!!:eek::confused:


Comments

  • Registered Users, Registered Users 2 Posts: 201 ✭✭fairycakes


    Would you be able to sell anything on ebay might not help a
    lot or have you tried Credit Union there very good to deal with


  • Registered Users, Registered Users 2 Posts: 20,830 ✭✭✭✭Taltos


    When I had my college loan I regularly fell behind.
    Thing is to go in prepared and appear openly regretful. I used to renegotiate the payments as you know what it is like with hours etc.

    They will be well used to this scenario - so don't overly stress - but at the same time keep your eye out for better hours or a more reliable job.


  • Registered Users, Registered Users 2 Posts: 34,723 ✭✭✭✭Penn


    Any way some family members can help you out? I know it might be awkward asking for help, but even if they just gave you some of the money it might be easier to get an additional loan. I don't want to pry into your situation but is there any way you can get a time extension to whoever you owe the money to?

    Other than that, your best option is the bank or Credit Union. But if your hours at work have already been cut, would you be able to pay the larger loan repayments each week/month?


  • Registered Users, Registered Users 2 Posts: 4,941 ✭✭✭krustydoyle


    Talk to the Bank, trust me they'll do there best to lower your repayments and help you out.. :)


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