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What happens to credit union loan when you leave the job?

Posted on 12/27/12 at 12:08 am
Posted by AintBigButItsPretty
Member since Mar 2011
942 posts
Posted on 12/27/12 at 12:08 am
Spin off from "Finance car vs put money into clunker" thread. I decided to finance a car I'm getting a decent deal on from a family member. I'm receiving a good interest rate through my credit union but I'm thinking of leaving that job soon. What will happen with that loan? I'm new to all of this.
Posted by I Love Bama
Alabama
Member since Nov 2007
37714 posts
Posted on 12/27/12 at 12:44 am to
Has the loan closed? Nothing will happen. Just pay your bills.
Posted by Layabout
Baton Rouge
Member since Jul 2011
11082 posts
Posted on 12/27/12 at 4:04 am to
Nothing will happen. You can remain a member of the credit union for as long as you like.
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 12/27/12 at 6:04 am to
quote:

Nothing will happen. You can remain a member of the credit union for as long as you like.









And send them payment every month.
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