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Friends First Finance

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  • 28-08-2009 1:02pm
    #1
    Closed Accounts Posts: 1


    Does anybody know what the situation is with Friends First? They are closing their finance division totally over the next couple of months. I have a personal loan with them, does it mean I possibly won't have to pay it as they don't seem to be selling any loans of the business to any other bank. My agreement and T's & C's are with Friends First Finance and not with any other part of their organisation.


Comments

  • Registered Users Posts: 24,924 ✭✭✭✭BuffyBot


    Any existing agreements will still have to be honoured.


  • Closed Accounts Posts: 5 Chrssymc1


    You will still have to pay back your loan as per the terms of your credit agreement. They are retaining a skeleton staff to collect the existing loan book


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