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Repaying Credit Union Loan

OSI · 2009-07-13 06:59:07

Hey guys, Quick question regarding a loan we have with the credit union. (this might sound stupid but we honestly don't know and haven't had the chance to get to the CU yet to ask) At present there is more money in the account than the current balance of the loan. eg if the loan was e100 and the account had e150, can we…

13-07-2009 6:59am

#1

OSI

Moderators, Motoring & Transport Moderators Posts: 265 Mod ✭✭✭✭

Join Date: February 2008

Posts: 12

Hey guys,

Quick question regarding a loan we have with the credit union.
(this might sound stupid but we honestly don't know and haven't had the chance to get to the CU yet to ask)

At present there is more money in the account than the current balance of the loan. eg if the loan was e100 and the account had e150, can we use the money we have on the account to pay off the balance of the loan eg take e100 from the account to pay the remainder of the loan. I would assume you could but I know the CU can be a bit funny about how you go about things.

Thanks

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Comments

#2 13-07-2009 7:00am

weeder

Closed Accounts Posts: 4,469 ✭✭✭

Join Date: April 2005

Posts: 3943

have done this before, shouldnt be a problem

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