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Credit Union Loan in a cheque?

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  • 13-04-2014 10:11am
    #1
    another question
    Closed Accounts Posts: 1,386 ✭✭✭


    Ok, so I got a small loan made payable to a company in the form of a cheque from my credit union on Friday.

    The amount I needed was a fee as part of an application that needs to be in by 5pm tomorrow (Monday) but my CU doesn't open on Mondays so I got the cheque on Friday even though I hadn't made up my mind as to whether I was going to send in the application at all.

    Now, I have more or less decided to not send in the application after all.

    Can I go back with the cheque to the credit union and say I don't need it or somehow change it into cash?


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  • Options
    #2
    aw
    Registered Users Posts: 786 ✭✭✭aw


    Yes you will be able to go back to the credit union with the draft and re-credit it to your account.


  • Options
    #3
    another question
    Closed Accounts Posts: 1,386 ✭✭✭another question


    aw wrote: »
    Yes you will be able to go back to the credit union with the draft and re-credit it to your account.

    Thanks that's all I needed to know.


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