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Personal Loan - skip month

DubOnHoliday · 2012-09-03 09:57:39

Hello, I have an existing personal loan paid over 12 months. Can I change it so that I skip a month, knowing the payments for the other months increase to account for it?

03-09-2012 10:57am

#1

DubOnHoliday

Registered Users, Registered Users 2 Posts: 1,292 ✭✭✭

Join Date: October 2005

Posts: 1208

Hello, I have an existing personal loan paid over 12 months. Can I change it so that I skip a month, knowing the payments for the other months increase to account for it?

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Comments

#2 03-09-2012 11:22am

Bank of Ireland: Pat

Closed Accounts Posts: 354 ✭✭

Join Date: March 2012

Posts: 347

Hi DubOnHoliday,

Normally it isn't possible to change the terms of your loan. However, I would advise you to get in touch with the Loan Advisor in your account holding branch to discuss what options may be available to you.

Thanks
Pat

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