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Motor Loan Application

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  • 03-09-2019 8:48am
    #1
    Dempsey
    Registered Users Posts: 20,553 ✭✭✭✭


    Hi,
    I'm currently in the process of getting a motor loan. Currently the loan is approved and the documentation is signed and I'm waiting to drawdown.

    I'm now looking to draw down much less than what was approved in the credit agreement but keep the repayment schedule. Do I need to sign a new credit agreement or how does it work?

    Regarding transfer limits, I have to transfer more than my daily limit to the car seller. What are my options around this?


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    #2
    Bank of Ireland: Lorna
    Closed Accounts Posts: 423 ✭✭Bank of Ireland: Lorna


    Hi there Dempsey,

    Thank you for getting in touch with us here on Boards.

    If you would like to lower the amount of the loan after signing the credit agreement, then you can absolutely contact our Group Credit Operation on 1850222200 and our advisors will be happy to help.

    If we can assist you with anything else please let us know.

    Thanks,

    Lorna


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