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Credit Union Loans

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  • 27-02-2013 3:04pm
    #1
    kearnst2
    Registered Users Posts: 33 ✭


    Not sure if this is the correct section but I was just wondering if anyone knew what the general terms of lending are within credit unions.

    I mean how much can I borrow in relation to my deposits there? 50%, 100%, 150% etc..

    Thanks


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    #2
    goldenhoarde
    Registered Users Posts: 859 ✭✭✭goldenhoarde


    Last time i got a loan in the CU it was a max of 3 times my deposits i could get This was 10+ years ago.

    so if i had a grand i could lend 3 grand and so on!

    Also not sure if this was the best place to post it!


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    #3
    orchidsrpretty
    Registered Users Posts: 2,138 ✭✭✭orchidsrpretty


    Yeah, its generally 3 times your savings.

    Would be better suited to banking forum, you can ask a mod to move


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