Credit Union Follow Up
David Allenkey
After having some discussions about this with some trusted members of the Irish community, I am not sure that this would be a feasible opportunity. I don't believe that it would lack the support of the Irish community, but I believe that it would open us up to the potential of multi accounts being created to take advantage of a situation in which trust needs to be a qualifying factor.
Being that this would be geared primarily towards upgrading training centers, younger citizens would be the primary benefactors of this, and that would pose a great risk to the community members that are allowing their funds to be loaned to others.
With that being said, if you any members in the community do need a hand, please reach out to me directly and I can see what possibilities may be available.
Thank you to everyone who reached out to me willing to help. This may be something that can be explored more in the future, but I think at the current time, it would be a little too much risk to ask of others.
Comments
Fair enough, it was a nice idea
Thanks for trying. Would have been great if feasible and multi accounts.
o7
o7
o7
" I believe that it would open us up to the potential of multi accounts being created to take advantage of a situation in which trust needs to be a qualifying factor."
So true...did you ask Don, our resident expert on Multis? (except when drunk)
Nah, Don wasn't involved in advising on this one.
ah then the warning were probably about him 😛
Something about a WHS, but wasn't sure what that meant.
If you think I have multis then you are very wrong my friend
No one said anything about you, they gave me some initials.
sorry winston, i referred to them as "enemies of eIreland".
i should have clarified i was referring to the external ones.
In your world are domestic multis ok then or is it you just warned about external ones but the same risks applies to those within?