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Looking for Banking Advice please.

  • 23-11-2020 9:51pm
    #1
    njkmbkjb
    Registered Users Posts: 1 ✭


    Hey, so I'm currently with AIB, and have been since I was ~16yrs old.

    I recently rang AIB to inquire about a loan, and was basically denied instantly because my account apparently had 50+ failed direct debits from PayPal.

    This was pretty worrying, but I found out through contacting PayPal that I had an existing PSN Plus membership active, that was charging my account €8.99 for years, I haven't owned a PlayStation console since maybe 2012 or so.

    I don't really care about the lost money, but I'm worries these 50+ failed direct debit charges on my AIB bank account will give me issues in the long run because of a stupid re-occuring charge I forgot about when I was a teen.

    Does anyone know if changing banks, let's say to Permanent TSB, Bank of Ireland, etc. will allow me to start fresh? I really don't want to be denied a mortgage in a few years time because of a PSN sub.

    Thanks.


Comments

  • #2
    august12
    Registered Users Posts: 1,275 ✭✭✭august12


    njkmbkjb wrote: »
    Hey, so I'm currently with AIB, and have been since I was ~16yrs old.

    I recently rang AIB to inquire about a loan, and was basically denied instantly because my account apparently had 50+ failed direct debits from PayPal.

    This was pretty worrying, but I found out through contacting PayPal that I had an existing PSN Plus membership active, that was charging my account €8.99 for years, I haven't owned a PlayStation console since maybe 2012 or so.

    I don't really care about the lost money, but I'm worries these 50+ failed direct debit charges on my AIB bank account will give me issues in the long run because of a stupid re-occuring charge I forgot about when I was a teen.

    Does anyone know if changing banks, let's say to Permanent TSB, Bank of Ireland, etc. will allow me to start fresh? I really don't want to be denied a mortgage in a few years time because of a PSN sub.

    Thanks.
    As far as I know, this shouldn't be an issue, you can always request a credit record but this records any missed loan payments, which the above is not, you could try another bank now for a loan but would probably need six months bank statements and hopefully the missed payments are not on these, otherwise wait a few months until your account is clean. Nothing stopping you from opening an account in any other bank.


  • #3
    Smee_Again
    Registered Users Posts: 1,984 ✭✭✭Smee_Again


    You’ll struggle to get a loan anywhere if you’re younger than 18.


  • #4
    Jim2007
    Moderators, Business & Finance Moderators Posts: 9,981 Mod ✭✭✭✭Jim2007


    njkmbkjb wrote: »
    This was pretty worrying, but I found out through contacting PayPal that I had an existing PSN Plus membership active, that was charging my account €8.99 for years, I haven't owned a PlayStation console since maybe 2012 or so.


    How could you miss 50??? I'd image any loans officer would have serious concerns about a giving someone a loan under those circumstances....

    I really don't want to be denied a mortgage in a few years time because of a PSN sub.


    I don't think it should be an issue for a mortgage, but pay more attention to your financial affairs.


  • #5
    ScottL
    Registered Users Posts: 20 ✭ScottL


    Smee_Again wrote: »
    You’ll struggle to get a loan anywhere if you’re younger than 18.

    Maybe read OP's opening sentence again!


  • #6
    Smee_Again
    Registered Users Posts: 1,984 ✭✭✭Smee_Again


    ScottL wrote: »
    Maybe read OP's opening sentence again!

    Good man, I completely misread that.

    @OP- changing banks and running a well managed account will wipe the slate clean.


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