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Personal Loan - skip month

  • 03-09-2012 10:57am
    Registered Users Posts: 1,292 ✭✭✭

    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?


  • Closed Accounts Posts: 354 ✭✭Bank of Ireland: Pat

    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.