Forum Discussion
mowermech
Mar 26, 2017Explorer
3882DOUG wrote:
Will a credit union issua a
loan if you have no other accounts with them?
Usually, yes. BUT, most credit unions will only loan money to members, so, you will probably have to open an account (become a member of the Credit Union), and that may cost $25 or so. That money will go into your savings account and stay there as long as you are a member. When you close the account and cancel your membership, you will get it back, along with whatever interest has accrued.
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