If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Chance of a loan of the credit union

amandaf675 · 2014-04-15 02:08:25

Need to get a new car asap, and the only way possible is a loan? Ive no savings but have an account in the credit union. I want a loan of 1000 to pay back weekly over a year! I can afford this but I am wondering would the credit union give me a loan? Someone told me before if you have one third of what u want in your…

Options

15-04-2014 3:08am

#1

amandaf675

Registered Users Posts: 488 ✭✭

Join Date: March 2009

Posts: 417

Need to get a new car asap, and the only way possible is a loan?
Ive no savings but have an account in the credit union. I want a loan of 1000 to pay back weekly over a year! I can afford this but I am wondering would the credit union give me a loan?

Someone told me before if you have one third of what u want in your account they will give you a loan!

0

Comments

Options
#2 15-04-2014 12:37pm
BuffyBot

Registered Users Posts: 24,924 ✭✭✭✭

Join Date: February 2002

Posts: 23571

The whole foundation of credit unions is savings *and* loans, not just loans. Generally, they will want to see you save with them, before they lend to you. Even then, your first loan will generally be smaller than your savings.

0