Irish credit card

chattychappy

Steve_ wrote: »

Where is the best place to go to get 100% accurate advice?

I appreciate the help that has been given on here so far but what is clear is that there is no clear answer due to the CC being Irish.

There is a lot of good advice here, often based on people's experience, but it is just that. All the posts here should be taken with a pinch of salt.

If you want 100% accurate advice about an Irish credit card, then really you should see a solicitor in Ireland. You will never get 100% accurate advice here - especially in such a unique situation.

(Yep solicitors make mistakes, but at least if they do they are usually covered by insurance.)

But I don't think they will help anyone "disappear" !

never-in-doubt

chattychappy wrote: »

But I don't think they will help anyone "disappear" !

No mate, that's what we're here for :eek:

donnac2558

Just to say BOI also operates in Northern Ireland, they have branches in Belfast etc and operate in sterling up here. An ex boss had his account here and we got paid by BOI cheque and had to go to the branch in Donegal Place to cash if we wanted the money on the day.

never-in-doubt

donnac2558 wrote: »

Just to say BOI also operates in Northern Ireland, they have branches in Belfast etc and operate in sterling up here. An ex boss had his account here and we got paid by BOI cheque and had to go to the branch in Donegal Place to cash if we wanted the money on the day.

BOI also operate in the UK with several branches..... :T

euronorris

Hey Steve_

Have you also produced a Statement of Affairs (SOA) for you and your gf, and looked at areas that you can cut back on?

Maybe, with a few changes, switching providers etc etc, you could free up enough cash to make the repayments?

If you're interested, the Debt Free Wannabe board has lots of tips on cutting back, upping your income etc etc.

It's certainly worth a look before you decide on one of the above options. There could, after all, be a way to avoid ruining her credit record entirely.

Good luck.

Steve__7

never-in-doubt wrote: »

There was lots of options offered to you, try reading the thread again! i.e. hide (depends if she needs credit); repay (they will dictate the amount as you just found out); seek counselling (they will be able to lower any payment); default (will happen, inevitably)

Therefore what you need to be doing is seeking proper help from the Citizens Advice or CCCS or similar. Usually, the moment you enter into an agreement to pay then the credit record is trashed for 6yrs so for the same respect, hide and don't repay will have the same effect but you'll be financially better off.

Scenario for you:

The GF pays £200 per month for the next 3 years then defaults. The default would stay on for 6yrs from the missed payment so in theory she could have it for over 9yrs whereas if she just stopped paying altogether and hid, it'd be gone in 6yrs from date of last payment (statute barred).

I guess you need to think of the long term - this will determine what you really want to do. If you need specific advice on how to hide then PM me as others on here will not appreciate such detailed info....

Thanks again for the advice

At the moment we're not overly concerned with future credit rating,I've a feeling it will take a battering soon.

IMO throwing a e1000 at it now is pointless when it 6 months time we may be in the same position all over again.

I'm going to try and contact an Irish solicitor/CAB equivalent to see what their opinion is.

We are running as austere as we can a t the moment, there is not much left to cut back on at all, certainly not to comfortably free up the money requred.

Steve

euronorris

OK, well just make sure that you have all of the best deals available to you. ie, gas, electric, mobile phones etc.

If you ever want some help or tips, head on over to the DFW board and you'll receive lots of suggestions.

Good luck with it all. I hope you find a positive solution.

michaels

I would be very tempted to just return all correspondence with not known at address or similar - given the legal complexities I suspect they may not bother to chase even though they in theory do know a UK address. However your partners Irish credit record will certainly be destroyed.

Have you checked her uk credit record via experian to see if there is any reference ot eh card (I assume not)?

Are there any Irish expat online communities like the Oz/NZ ones? I bet you are not the first to try to avoid Eire debts having permanently moved to the UK.

never-in-doubt

Steve_ wrote: »

Thanks again for the advice

At the moment we're not overly concerned with future credit rating,I've a feeling it will take a battering soon.

IMO throwing a e1000 at it now is pointless when it 6 months time we may be in the same position all over again.

I'm going to try and contact an Irish solicitor/CAB equivalent to see what their opinion is.

We are running as austere as we can a t the moment, there is not much left to cut back on at all, certainly not to comfortably free up the money requred.

Steve

Hi Steve

I think you've just about answered your own question, like I say, the way this would work is twofold, you pay now and write off the losses cos it will not benefit you if like you say in 6mths time, you'll be at the same crossroads....

I'd be looking to get a back-up card just for emergencies and then ignore all correspondence and see it out. You will be ok for 6yrs since last payment, regardless that a default will be added sooner.

If you need specific help PM me or post on here...... Obviously people are against hiding but in some situations it can be beneficial to do this. To check the laws, have a read here: http://forums.moneysavingexpert.com/showthread.html?t=1837507

Proves no1 can come into your home etc, contrary to popular belief!

Steve__7

Well I've been down to the CAB today and they could offer no real advice on our situation!

There IS a reciprocal agreement between the UK & Ireland but I've no idea how long that would take to being enforced.

If we simply leave the card what is the time scale for CCJs being made etc and what action can they take to recover the debt and is there any possibility of our home/possessions being in 'danger'?

regds