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Repaying a loan early

  • 27-08-2019 10:02am
    #1
    Precedens
    Registered Users, Registered Users 2 Posts: 37 ✭


    Hi, would you advise me on repaying my loan way earlier than agreed terms? Would it negatively affect my credit score? I am interested in repaying my current loan in one installment to clear it and then get another one immediately after. Would it be possible? Also, some banks lower interest rate if a loan is repaid early - are you offering same?

    Thank you.


Comments

  • #2
    Bank of Ireland: Aisling
    Closed Accounts Posts: 487 ✭✭Bank of Ireland: Aisling


    Hi Precedens,

    Thanks for getting in touch with us here today.

    If you have a personal loan with a variable interest rate you can absolutely pay this loan off in full.

    For more information on how you can pay off this loan you can call 1850 22 22 00 and one of my colleagues will be more than happy to help.

    I hope this helps.
    Thanks, Aisling.


  • #3
    Precedens
    Registered Users, Registered Users 2 Posts: 37 ✭Precedens


    Bank of Ireland: Aisling wrote: »
    Hi Precedens,

    Thanks for getting in touch with us here today.

    If you have a personal loan with a variable interest rate you can absolutely pay this loan off in full.

    For more information on how you can pay off this loan you can call 1850 22 22 00 and one of my colleagues will be more than happy to help.

    I hope this helps.
    Thanks, Aisling.
    Thank you for your reply.


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