Not trying to enter into the credit union rights but listen to me!
I am a member of the same credit union as julie. Me & hubby work & have a mortgage. We have a car on finance with less than 1 year of 5 left since 2018. No other debts or credit cards.
We have embryos left, we had ivf (not for fertility issues as such, I have MS) we had a baby boy whose now a toddler. Pregnancy and birth destroyed my bowel muscle & wall & in Feb 2021 I had a ‘temporary’ colostomy bag fitted. We know I can’t carry another baby. We are blessed & happy with our son, but over time we have become hopeful that we may get a surrogate for our embryos. Keeping out the fact that Ukraine is the main place for this as when we applied last week the war had not started.
You can estimate surrogacy to be €14-20k . We have some savings around €5k but want to keep them.
we met the loan officer today after spending last week sending in payslips, bank statements , contracts of employment etc.
Even with 2 incomes, the loan officer could only offer the lower end of 14k. Don’t get me wrong we bit her hand off and are happy, but we are a 2 income house of about €65k in total per annum. Our mortgage has been paid for 10 years, nothing missed. Never missed a car payment. Even at that, it’s 14k. Something does not make sense that Julie thinks she could get a loan for 26k? Firstly she would need 2.6k in savings! But also she would need something concrete to prove she can make the repayments over time. She’s either lying about the amount to let on she’s buying something - maybe lying about money left from her dad, or her huge earnings as an insta hun are a lot more than we think. I couldn’t help but think of her today & think her story has so many holes.