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Personal Overdraft Expiring

Clubman2012 · 2013-01-15 14:12:24

Hi Just wondering if anyone has any experience with a problem like this. Basically, I've let my finances get a bit untidy. I have an Overdraft of €1,300 and a credit card of €1,500. Which I've made plans t repay over the coming year. Then AIB write to me stating my Overdraft will discontinue in a month. As you can imagine,…

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15-01-2013 3:12pm

#1

Clubman2012

Registered Users Posts: 58 ✭✭

Join Date: March 2012

Posts: 45

Hi

Just wondering if anyone has any experience with a problem like this. Basically, I've let my finances get a bit untidy. I have an Overdraft of €1,300 and a credit card of €1,500. Which I've made plans t repay over the coming year. Then AIB write to me stating my Overdraft will discontinue in a month. As you can imagine, after christmas, my Overdraft is my bottom line at the moment. I asked them to restructure it and the girl put through a loan App for €2,800 so I could close both of them at once. I can more than afford the loan. I'm 26 and earning €30,000 per year so €140 a month is fine. I'm just worried sick, as I expect them to decline because of the mis-management of my Card and O/D, which has probably left marks on my ICB.

The problem is that if the restructure is declined, then I will most likely default on both the overdraft and card. I'll try make up €1,300 in a few months, I'll neglect the card, I'll be late with other bills etc etc.

I feel snookered, yet am fully aware this has been my fault.

Anyone have any advice or been through anything similar?

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