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Credit union loan

  • 31-12-2011 06:00AM
    #1
    Registered Users, Registered Users 2 Posts: 225 ✭✭


    as above im thinking of going to the credit union next week for a loan because my car has packed it in and really cant be bothered putting more money into it

    i have been with the credit union a good while and recently put in near 4 grand but took it out again for my car and insurance.

    the loan id be looking for would be near €1500, what are the chances that id get it?

    and i am only 18 so would be my first loan

    cheers


Comments

  • Registered Users, Registered Users 2 Posts: 3,813 ✭✭✭unclebill98


    It be done a case to case basis so hard to say as each CU have slightly different rules.

    The multiple varies from cu to cu. Some allow 2 to 4 times the amount of shares but nearly all would require some kind of shares on your account.

    CU decisions also normally take a little longer than banks, sure go in and ask you've nothing to loose.


  • Registered Users, Registered Users 2 Posts: 196 ✭✭Gally79


    Any update ?


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