Loans

No matter what your personal loans needs are, we can tailor a loan to suit.

 

1. Competitive personal loan rates of 10% (10.5% APR).
2. You benefit from loan protection insurance at no added cost (terms & conditions applies).
3. No set up charge or account fees.
4. Your repayments can be scheduled to suit your circumstances.
5. You can top up your loan if you need more funds (subject to approval).
6. You can protect your loan with repayment protection insurance (terms & conditions applies).
7. Loan term of up to 8 years available. (subject to terms & conditions).
8. You can avail of free life, disability and critical illness cover on your loan (terms & conditions applies).
9. Quick approval for smaller loans.
10. As your loan decreases, so does your interest repayments.

 

 

Loan Repayment Table

Amount	Term	APR*	Monthly Repayments	Total Cost of Credit
€500	1 Year	10.5%	€43.96	€27.43
€1,000	1 Year	10.5%	€87.91	€54.90
€3,000	2 Years	10.5%	€138.43	€322.21
€5,000	3 Years	10.5%	€161.34	€807.50
€7,000	3 Years	10.5%	€225.87	€1,130.64
€10,000	5 Years	10.5%	€212.51	€2,746.05
€15,000	5 Years	10.5%	€318.76	€4,119.26
€20,000	5 Years	10.5%	€425.02	€5,492.43
€30,000	8 Years	10.5%	€455.52	€13,680.61
€40,000	8 Years	10.5%	€607.36	€18,241.05
€50,000	8 Years	10.5%	€759.20	€22,801.42

Table for illustration purposes only and does not constitute a contract.

Typical APR variable Personal Loan Rate (10.5% APR). Lending terms and conditions apply. Loans are subject to approval.

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your ability to access credit the future.

 

Terms & Conditions

• Maximum term is up to 8 years.
• Maximum loan amount €50,000 (net of shares).
• Maximum number of top ups os 3 per year (subject to board discretion).
• We may seek your permission to undertake a credit bureau check with your loan application.

 

Documentation Requried

• Completed application form - Simply call to any of our three branches and our staff will be happy to assist you.
• Proof of Identity - e.g. passport, driver’s license
• Proof of Current Address (last 3 months) - e.g bank statements, utility bill, social welfare letter, government document etc
• Proof of Income - e.g 3 most recent pay slips or social welfare payment receipts
• For Self Employed Members:
  • 2 most recent years Notice of Assessment and accounts.
  • Tax Clearance Certificate
• Current Bank Statements - may be required (last 3 months)
• Credit Card Statements - may be required (last 3 months)
• Other information deemed necessary by the credit union

 

 

Download the information leaflet as a PDF