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

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Credit Union loan - overdraft?

pinkles · 2015-05-18 10:38:59

Hi, is hoping to get a loan to pay off a 1000 euro overdraft a no - go for a Credit Union loan.?. I´m looking for around that amount to solve a personal debt problem... but will a credit union need to see an account in credit before approving of a loan? In other words, when they see my bank statement in debit - will the…

18-05-2015 10:38am

#1

pinkles

Registered Users, Registered Users 2 Posts: 117 ✭✭

Join Date: December 2009

Posts: 75

Hi, is hoping to get a loan to pay off a 1000 euro overdraft a no - go for a Credit Union loan.?.
I´m looking for around that amount to solve a personal debt problem...
but will a credit union need to see an account in credit before approving of a loan?
In other words, when they see my bank statement in debit - will the loan application be thrown out? any advice appreciated...

0

Comments

#2 18-05-2015 11:33pm

BuffyBot

Registered Users, Registered Users 2 Posts: 24,924 ✭✭✭✭

Join Date: February 2002

Posts: 23571

Each credit union is individual, and will have different attitudes towards lending to debt restructuring. Some will require a history, some will lend without.

Talk to your local credit union: they're pretty approachable and will be able to tell you how they'd look upon your circumstances.

0