Loans

  • Fast approval
  • Local service
  • Great rates

 

Wedding Loan

  • 10% (10.5% APR*)
  • Borrow up to €50,000
  • Quick decision

That perfect day awaits

Celebrate your special day with a little help from your credit union.

We all know how important the big day is and the Wedding Loan from Killarney Credit Union is here to help you make this wonderful occasion extra special.

  • 10% (10.5% APR*)
  • Borrow up to €50,000
  • Maximum term of 8 years
  • Quick decision
  • Penalty-free early repayment

Great reasons to pick a Wedding Loan from Killarney Credit Union

There are so many reasons to choose our Wedding Loan when planning your perfect day.

  • QUICK DECISION ON LOAN APPLICATIONS.
  • Repayment terms tailored to meet your needs.
  • Friendly Local Service.
  • No penalties for repaying your loan early.
  • No hidden fees, transaction charges, or set up fees.
  • As your loan decreases so does your interest repayments.
  • Benefit from Free Loan Protection Insurance. (T’s & C’s apply.)
  • You can apply for and draw down your loan online and in branch.
  • No documentation or arrangement fees.
  • You can top up your loan if you need more funds (subject to approval).
  • Competitive Loan Rate of 10%. (10.5% APR)
  • Borrow up to €50,000 over a maximum term of 8 years
  • Support your credit union by borrowing locally.
  • You can avail of bridging ­finance for short term lending for 6 months or less, you pay the interest and loan principal at the end of the term.
  • A joint loan application can be arranged.

Further Information:

Wedding Loan Repayment Table

Amount

APR*

Term

Number of
Repayments

Weekly
Repayments

Cost of Loan

Total Loan
Repayable

€10,000 10.5% 5 Years 260 €48.88 €2,707.64 €12,707.64
€15,000 10.5% 5 Years 260 €73.32 €4,061.46 €19,061.46
€20,000 10.5% 5 Years 260 €97.76 €5,415.28 €25,415.28
€30,000 10.5% 7 Years 364 €114.57 €11,701.85 €41,701.85

 

Typical APR variable personal/bridging loan rate (10.5% APR). Lending terms and conditions apply. Loans are subject to approval. Table is for illustration only and does not constitute a contract.

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

Bridging Loan Repayment Table

Amount

APR*

Term

Number of
Repayments

Monthly
Repayments

Cost of Loan

Total Loan
Repayable

€7,000 10.5% 6 Months 1 €7,206.96 €206.96 €7,206.96
€10,000 10.5% 6 Months 1 €11,715.96 €295.65 €11,715.96
€15,000 10.5% 6 Months 1 €15,443.48 €443.48 €15,443.48
€20,000 10.5% 6 Months 1 €20,591.30 €591.30 €20,591.30

 

Typical APR variable personal/bridging loan rate (10.5% APR). Lending terms and conditions apply. Loans are subject to approval. Table is for illustration only and does not constitute a contract.

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

Documentation Required

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 (issued within the last 6 months)

e.g bank statements, utility bill, social welfare letter, government documents etc

Proof of Income

e.g 3 most recent pay slips or social welfare payment receipts

Proof of PPS Number

Correspondance from Revenue / Department of Social Protection, Social welfare receipts 

For Self Employed Members:

Set of accounts (2 recent years), Form 11, Tax Clearance Certificate

Current Bank Statements

may be required (last 3 months)

Credit Card Statements

(last 3 months)

Other information deemed necessary by the credit union

Wedding Loan Terms & Conditions

  • Maximum term is up to 8 years.
  • Maximum loan amount is €30,000 (net of shares).
  • We may seek your permission to undertake a credit bureau check with your loan application.

 

Bridging Loan Terms & Conditions

  • Maximum term is 6 months.
  • Maximum loan amount is €30,000.
  • The member must not have loan arrears.
  • Loan principal and interest are payable at the end of the term.
  • We may seek your permission to undertake a credit bureau check with your loan application.

 

Download a PDF Information Leaflet

Click the icon below to download a PDF with further information.

Click to download an information leaflet

How much will your loan cost?

At Killarney Credit Union we are proud to offer some of the best rates available for a wide range of loans. Here you can use the handy loan calculator to quickly get an idea of the cost of a loan.

Simply enter the amount you wish to borrow (for example '€5,000') then choose the type of loan you want and select how long you wish to take the loan for.

Information is correct as at March 2021.

Please Complete:

Calculated Loan Details:

* Calculator for estimation purpose only and does not constitute a contract. Please see individual loan pages for more details.

 

 

Loans

From Killarney Credit Union

Fast approaval

Great rates

Local service

Flexible repayments