credit union loan officer

hollydub · 01-02-2012 06:59PM #1

i put in for a top up loan from the credit union last week. it would bring me twice over my shares. im with them 16 years and have a great record with them however they have asked me to meet with the loans officer. Does this mean there is a slim chance now that the loan will be approved

thanks in advance

Davy · 01-02-2012 07:03PM

Times have changed, and the credit unions have to be much stricter. It doesn't mean you aren't getting it, just might to go through a few things first

badgerbroc11 · 01-02-2012 07:39PM

Since 11/12/11 the full eu consumer credit regulations apply to credit unions. This means that the credit union must ascertain youre credit worthyness through icb checks etc. <Snip>

coylemj · 01-02-2012 08:08PM

hollydub wrote: »

i put in for a top up loan from the credit union last week. it would bring me twice over my shares. im with them 16 years and have a great record with them however they have asked me to meet with the loans officer. Does this mean there is a slim chance now that the loan will be approved

Asking you to come in and talk to someone probably means that you're in with a shot, otherwise they would simply reject the application. The fact that someone is going to set aside some time to talk to you means that you have more than a slim chance.

BuffyBot · 02-02-2012 12:30AM

Let's keep on topic here folks..

credit union loan officer

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