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Ulster bank student OD

DeadMoney · 2010-05-13 11:37:02

Hi, I have an outstanding OD of 1500 with Ulster bank and the terms of this is that it is interest free until I finish college. My plan is to start re-paying it next year when I am working but I am a bit worried about exactly how the agreement works. I am worried that because it will not be paid off when I graduate that…

13-05-2010 11:37am

#1

DeadMoney

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Hi, I have an outstanding OD of 1500 with Ulster bank and the terms of this is that it is interest free until I finish college. My plan is to start re-paying it next year when I am working but I am a bit worried about exactly how the agreement works. I am worried that because it will not be paid off when I graduate that this might affect my credit rating for the future. I have the OD now about a year and half and took it out to pay for college related expenses when I started last year. However I have made no re-payments on it as of yet.

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