Hello, I’ve recently increased my credit union loan and was wondering how i update this or merge it with my existing credit union loan? Thanks. Sarah

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Hello, I’ve recently increased my credit union loan and was wondering how i update this or merge it with my existing credit union loan? Thanks. Sarah

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Peter Connor ⋅ Staff August 14, 2016
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Hi Sarah. That’s probably a question for your accountant.

#answer-3773
  1. Peter Connor August 14, 2016
    If one loan is paying off another the you should do a bank transfer.
  2. shadyandthelamp1 August 14, 2016
    Sorry, i wasn't very clear at all. I'm updating the new loan to my Bullet account but this means it now states that i have 2 separate loans from the Credit Union when i now only have one. I just increased my Credit union loan but this means my repayment amounts have changed. I need to know how to keep the records for the old loan repayments while adding the new loan . Thanks again
  3. shadyandthelamp1 August 14, 2016
    Maybe a better question is how do i end a standing order loan repayment early in Bullet?
  4. Peter Connor August 14, 2016
    Hi, We have no function to close a loan early. As the Bills get generated or it simply mark them as paid.
    Thanks Pete

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