Re: loans
Hi Savy,
In answer to your question.
No I didn't tell the Credit Union the loan was for a deposit on a house, I told them it was for home improvements. Although I hear that it's very common for people to borrow the deposit on a house.
Our own situation was we were paying high rents in Dublin, hadn't the deposit saved, and decided to chance the arm and ask the credit union for a loan saying it was for home improvements. I thought it too risky to blatantly ask them for money for the deposit.