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Bank Loan

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  • 28-05-2013 5:12pm
    #1
    Blink182rock
    Registered Users Posts: 484 ✭✭


    Hi,

    In relation to student loans can one bank check to see if I have, say overdraft out with another bank or a loan out with another bank if I don't tell them myself ?


    Thanks


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    #2
    BuffyBot
    Registered Users Posts: 24,924 ✭✭✭✭BuffyBot


    Yes, assuming it's with another member of the Irish Credit Bureau, which most main financial institutions are these days.


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    #3
    Blink182rock
    Registered Users Posts: 484 ✭✭Blink182rock


    BuffyBot wrote: »
    Yes, assuming it's with another member of the Irish Credit Bureau, which most main financial institutions are these days.

    BoI and AIB so I presume that's a yes.


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    #4
    BuffyBot
    Registered Users Posts: 24,924 ✭✭✭✭BuffyBot


    Yes, it is.


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    #5
    chris85
    Registered Users Posts: 4,502 ✭✭✭chris85


    Overdraft no, loan yes. None of the banks list overdrafts with the ICB. Never understood this myself.


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    #6
    Blink182rock
    Registered Users Posts: 484 ✭✭Blink182rock


    chris85 wrote: »
    Overdraft no, loan yes. None of the banks list overdrafts with the ICB. Never understood this myself.


    You sure about this ?


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    #7
    Toots
    Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,920 Admin ✭✭✭✭✭Toots


    You need to be completely honest and declare all your debts, including an overdraft, when applying for a loan. You sign a declaration at the bottom of the application that states that the information you supplied is true and accurate. If the bank found out at a later date that you obtained a loan by lying on the application form then they are within their rights to call in the full amount of the loan.

    When you say you have an overdraft, do you mean that the account is overdrawn, or that you have an overdraft facility but are not currently using it?


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    #8
    dobsdave
    Closed Accounts Posts: 1,814 ✭✭✭dobsdave


    Blink182rock wrote: »
    You sure about this ?

    If you are worried about what others can see on your report, apply for it online, and have a look yourself.
    I think it costs 6 euro


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    #9
    Blink182rock
    Registered Users Posts: 484 ✭✭Blink182rock


    Toots* wrote: »
    You need to be completely honest and declare all your debts, including an overdraft, when applying for a loan. You sign a declaration at the bottom of the application that states that the information you supplied is true and accurate. If the bank found out at a later date that you obtained a loan by lying on the application form then they are within their rights to call in the full amount of the loan.

    When you say you have an overdraft, do you mean that the account is overdrawn, or that you have an overdraft facility but are not currently using it?

    Okay thanks..
    I am over drawn at the min.. ?
    dobsdave wrote: »
    If you are worried about what others can see on your report, apply for it online, and have a look yourself.
    I think it costs 6 euro

    Can you give me more details on this please?
    Thanks.


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    #10
    Trish56
    Registered Users Posts: 1,256 ✭✭✭Trish56


    You can apply for a credit report here

    http://www.icb.ie/


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