It is urging people to report such calls to Gardai.
The Irish League of Credit Unions is warning people about a new online ad scam offering fake same day loans.
Those who express interest are contacted by a person claiming to be from the ILCU, who then requests a money transfer as insurance.
The ILCU says it does not offer loans and is urging people to report such calls to Gardai.
The Irish League of Credit Unions (ILCU) has been made aware that some members of the public have received a phone call offering personal credit from a person purporting to be an ILCU representative.— Credit Union (@creditunionie) November 9, 2021