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Credit union loan

Acey10 · 2018-08-14 13:08:28

Hi, just wondering if anyone knows if you are applying for a loan and work 20 hours per week but do work for cash in hand also do you tell the credit union this or not? Thanks

14-08-2018 1:08pm

#1

Acey10

Registered Users, Registered Users 2 Posts: 220 ✭✭

Join Date: September 2010

Posts: 169

Hi, just wondering if anyone knows if you are applying for a loan and work 20 hours per week but do work for cash in hand also do you tell the credit union this or not? Thanks

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Comments

#2 14-08-2018 1:11pm

[Deleted User]
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Acey10 wrote: »

Hi, just wondering if anyone knows if you are applying for a loan and work 20 hours per week but do work for cash in hand also do you tell the credit union this or not? Thanks

They'll require evidence of any income. If you have such do tell them but I'm guessing as it's cash in hand there's no payslip.

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#3 14-08-2018 1:19pm

how.gareth

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They wouldn’t take my cash in hand income into consideration for my loan application which is fair enough to be honest as people would just be claiming they earn all sorts of money every week, it’s no harm telling them though as they usually look for your income and outgoings anyway

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