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How are loans repaid?

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  • 04-11-2018 9:15pm
    #1
    aaronduffy18
    Registered Users Posts: 9 ✭


    I was thinking of getting a student loan for next year and i am wondering how are they repaid, do i have to do it in person or is it taking out of my account or can i set up a bank draft/transfer weekly for it too be repaid?


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    #2
    Bank of Ireland: Darren
    Closed Accounts Posts: 991 ✭✭✭Bank of Ireland: Darren


    aaronduffy18 wrote: »
    I was thinking of getting a student loan for next year and i am wondering how are they repaid, do i have to do it in person or is it taking out of my account or can i set up a bank draft/transfer weekly for it too be repaid?

    Hi aaronduffy18,

    Thanks for the message.
    Most loans would generally be repaid automatically by direct debit. But this can be decided when make the application. I've given a link here that shows the details of the student loans that we currently offer and how you can apply for each of them.

    Thanks again,
    Darren.


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