Loans

What type of loan would you like?

From Home Improvements and Cars to One Year Loans and Business Finance we have the loan for you.

Find the perfect loan for you

Whatever your loan needs may be, we at Killarney Credit Union we have the loan for you. Simply click on a loan type to find out the various options available to you.

Car Loan

Finance your next car purchase with ease and confidence, with expert advice on the best options for you.

Home Improvement Loan

Upgrade and enhance your home with a loan designed to help you turn renovation plans into reality.

Personal Loan

Get flexible, unsecured financing for life’s important moments, big or small.

Mortgage

Secure the right mortgage deal with guidance from specialists who understand your homeownership goals.

Student Loan

Support your education journey with affordable, flexible loans tailored for students.

Green Loan

Invest in energy-efficient, eco-friendly projects with financing built for a sustainable future.

Loan Calculator

Try out our quick and easy loan calculator below

Maximum Loan Amount :
Maximum Loan Term :


Required Loan Term

Repayment Frequency
APR
7.8%
# Repayments
Total
Total Cost
APR
7.8%
# Repayments
Total
Total Cost
APR
7.8%
# Repayments
Total
Total Cost
APR
7.8%
# Repayments
Total
Total Cost

This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. Killarney Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.

Borrowing Tips from Killarney CU
  • Establish a good savings record by saving regularly so as to build up security for your loan. You can easily set up a savings plan by using your credit union BIC/IBAN and transferring funds from your salary/social welfare/current account.
  • The more you save, the easier it is to borrow. By securing your savings against the amount your lending amount, you can borrow more at preferential rates.
  • Plan ahead for your loan. Meet with our loans officer to discuss savings requirements, loan amount, repayment terms, and submit the necessary documents to begin the approval process.
  • Complete a loan application form with a member of staff during office hours. Or use our online form to submit an application at any time, day or night.
  • If necessary, a guarantor may be sought whereby a third party acceptable to the credit union agrees to guarantee the loan. They will be legally obliged to repay the loan should you fail to do so.
  • Loan applications will be considered promptly and in the strictest of confidence. It is our policy to turn around loan decisions without undue delay.
  • Loan applications can be made for any personal requirement such as Car Purchase, Educational Expenses, Home Improvements or Special Occasions such as Holidays or Weddings.
  • You can also apply for a top –up on an existing loan at any time. You don’t have to repay one loan in full before applying for another. Terms and conditions may apply to certain top ups.
Lending Policy
  • Shares as Collateral
    • Members shares attached to the loan are always held as collateral for a member’s loan.

  • Collection of Loans
    • The members must be present to complete their loan as the credit agreement, which is a legally binding contract, must be signed and witnessed in the Credit Union.

  • Guarantor
    • The Credit Union can insist that a loan will only be granted subject to the member getting a suitable guarantor. A guarantor signs the credit agreement in addition to the borrowing member. In doing so, he/she is promising to repay the outstanding loan balance in the event of a member defaulting on their loan repayments. The Credit Union requires that a guarantor proposal form must be completed and returned to the office for approval before a guaranteed loan can be issued. Before the loan is issued, the guarantor must visit the Credit Union Office in order that the implications of their signature on the credit agreement can be explained to them. A guarantor’s ability to repay may also be assessed.

  • Late Repayments
    • It is the policy of this Credit Union that all loans are repaid as per the conditions of the promissory note. If you have any problems making your repayments you should contact the Credit Control Officers immediately as it may affect your ability to borrow in the future.

  • ICB Credit Check
    • It is a policy of Killarney Credit Union that all loans applications will be subject to a credit check with the Irish Credit Bureau (ICB).

  • Appeal against non approval of loan
    • The Credit Committee automatically considers any loan not granted by a loan officer. When the Credit Union rejects a loan application, the member is entitled to appeal that decision to the Appellate Body. If the member is not satisfied with the service provided please contact the credit union.

Should the interest rates change in the future all borrowing members will be informed. When a new loan product is launched i.e. motor loans, it cannot apply to car loan already drawdown.

All loans are subject to specific terms and conditions. Please refer to individual loan products for more information. All loan products offered are subject to approval by the board of directors and will be subject to ongoing review and performance.

Here to help

Sometimes there is nothing better than a conversation with someone who understands. Our local staff are here to speak with you and help in any way we can. Answers, ideas and solutions - talk to us today.