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Can I still save in a credit union ?
Posted: Thu Apr 20, 2017 1:33 am
by carole525
Can I still save in a credit union if i am on an iva
Re: Can I still save in a credit union ?
Posted: Thu Apr 20, 2017 6:51 am
by Foggy
Yes, as long as the savings are modest and are from allowances or shares of extra pay. It will, of course, be up to the credit union whether to admit you, but should be OK.
Re: Can I still save in a credit union ?
Posted: Thu Apr 20, 2017 10:02 am
by Michael Peoples
In addition this may give you access to small short term loans if needed as most IVAs allow up to £500 credit without seeking consent from the supervisor.