Jail terms for six credit union members

SIX members of a Cork city credit union who failed to repay borrowings were sentenced to jail during the year.

Jail terms for six credit union members

The six, members of Gurranabraher Credit Union (GCU), were sentenced for failing to appear in court to explain why they had not met the terms of their installment orders. Under an installment order, people are legally required to make regular repayments in an effort to clear their arrears.

Failure to comply with an installment order can lead to a prison sentence.

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