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CREDIT UNION

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  • 17-10-2011 7:57pm
    #1
    karlitob
    Registered Users Posts: 2,579 ✭✭✭


    Hi all,

    Do people know if credit unions are giving out loans in general (30 - 50k)?

    Also, how long do I have to be a member before they give out loans that large?


    Thanks for your help.


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    #2
    chris85
    Registered Users Posts: 4,502 ✭✭✭chris85


    karlitob wrote: »
    Hi all,

    Do people know if credit unions are giving out loans in general (30 - 50k)?

    Also, how long do I have to be a member before they give out loans that large?


    Thanks for your help.

    Do you have money to save with them? If you are not with them now would be quite a while to build up a history good enough to get that amount.

    It also depends on the CU itself. Some are in serious trouble and some are doing ok.


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    #3
    hillbloom
    Registered Users Posts: 852 ✭✭✭hillbloom


    The loan will depend on a lot of things. how long you are with the particular Credit Union and have you been good at saving and how much you have in it already for security. This a is a very big amount.
    In my CR Union for a first loan they will only give a small amount. Best of luck.


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