Car loan

Jakenpo

I've been approved for a car loan but have yet to draw down the loan as the car I was looking at was sold. How long can I leave it before I drawn down the loan using docusign? And if I don't draw down the loan will this affect me in any way? Such as future loan application?

Bank of Ireland: Kareana

Hi Jakenpo,

Thanks for your post here.

Please leave this with me and I will check with an lending advisor in our lending department.

As soon as the get back to myself I will give you a update here.

Thanks,

Kareana

Bank of Ireland: Kareana

Hi Jakenpo,

The loan would stay active for 30 days.

After the 30 days you would need to contact our lending team on 0818 200 334 to have the documents reissued.

If the loan is not completed within 90 days a brand new application would be needed.

If you don't draw down the loan this will not affect any future lending.  

I hope this helps.

Thanks,

Kareana

Jakenpo

Bank of Ireland: Kareana wrote: »

Hi Jakenpo,

The loan would stay active for 30 days.

After the 30 days you would need to contact our lending team on 0818 200 334 to have the documents reissued.

If the loan is not completed within 90 days a brand new application would be needed.

If you don't draw down the loan this will not affect any future lending.  

I hope this helps.

Thanks,

Kareana

Thanks very much for that, I appreciate it.