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Uk debt, returned to Ireland

  • 16-10-2018 12:58pm
    #1
    Lightbulb2018
    Registered Users Posts: 2 ✭


    Hi,
    I suddenly had to move from uk back to Ireland. I had approx 8k debt there which i was paying off until last month. I’m unemployed at the moment so have used the last of my savings. I have a few questions... will I be “chased” from uk to Ireland for this debt? Will uk credit rating affect my Irish rating? If in the future I apply for a mortgage will Irish banks ask for uk credit rating or what’s the cut off time period when they don’t require one?

    I appreciate this is a far from ideal situation l, I’ve exhaused every means possible but I just don’t have ability to pay this back at the moment or foreseeable.

    Thanks in advance.


Comments

  • #2
    catrionanic
    Registered Users, Registered Users 2 Posts: 2,091 ✭✭✭catrionanic


    If you've lived in the UK, Irish banks will want a UK credit check done too. I've not lived there since 2012, but had to do one for our mortgage application a couple of months ago.


  • #3
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,357 Mod ✭✭✭✭Jim2007


    No one can tell you for certain, but a figure of 8K might be worth some agency’s efforts to chase down if they bought it at a deep discount. You’ll just have to wait and see.


  • #4
    3DataModem
    Registered Users, Registered Users 2 Posts: 4,011 ✭✭✭3DataModem


    You'll need a UK credit check to apply for credit here, if you had a UK address in the past.

    If you don't pay, then it stay on your UK report for six years from the default date (default date depends on type of debt). Note; even if you subsequently repay it, a default still registers in the UK credit report as a default.


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