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Credit Union Paying Off Loan Query

TheCoolWay · 2014-11-06 22:23:53

I currently have a loan with the credit union of which I have paid off the majority, and am well ahead on payments. Once I pay off my loan, how long until I have access to my savings?

06-11-2014 10:23pm

#1
TheCoolWay

Registered Users, Registered Users 2 Posts: 454 ✭✭

Join Date: August 2012

Posts: 389
I currently have a loan with the credit union of which I have paid off the majority, and am well ahead on payments.

Once I pay off my loan, how long until I have access to my savings?

Tagged:

loans

credit union loan

0

Comments

#2 06-11-2014 10:26pm

heldel00

Registered Users, Registered Users 2 Posts: 1,832 ✭✭✭

Join Date: May 2011

Posts: 1728

Every credit union different but I can't see why you wouldn't have access straight away

0
#3 07-11-2014 8:09pm

niceoneted

Registered Users, Registered Users 2 Posts: 463 ✭✭

Join Date: December 2007

Posts: 438

If your shares are well above what's left on the loan you could always ask to have loan cleared out of shares now. Some CU's will allow this.

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#4 08-11-2014 11:15am

Realt11

Registered Users, Registered Users 2 Posts: 68 ✭✭

Join Date: April 2011

Posts: 67

I paid off my CU loan last week and had instant access to savings.

0