For all types of holidays, let Killarney Credit Union CU get there!

 

The Many reasons to talk to Killarney Credit Union include:

1. Competitive One Year Holiday Loan rate of 8.2% (8.5% APR).
2. You benefit from loan protection insurance at no added cost (terms & conditions apply).
3. No set up charge or account fees.
4. You can borrow smaller amounts up to €5,000 over a 12 month term.
5. You can protect your loan with repayment protection insurance (terms & conditions apply).
6. We include free life, disability and critical illness cover on your loan (terms & conditions apply).
7. You can repay your loan electronically using your credit union BIC/IBAN.
8. Quick approval for smaller loans.
9. As your loan decreases, so does your interest repayments.
10. You can pay off your loan earlier than the 12 month term if you wish.

  

Loan Repayment Table

Amount	Term	APR*	Weekly Repayments	Total Cost of Credit
€500	52 Weeks	8.5%	€10.02	€20.86
€750	52 Weeks	8.5%	€15.03	€31.39
€1,000	52 Weeks	8.5%	€20.04	€41.99
€1,500	52 Weeks	8.5%	€30.06	€63.04
€2,000	52 Weeks	8.5%	€40.09	€84.15
€2,500	52 Weeks	8.5%	€50.11	€105.23
€3,000	52 Weeks	8.5%	€60.13	€126.34
€4,000	52 Weeks	8.5%	€80.17	€168.52
€5,000	52 Weeks	8.5%	€100.21	€210.75

Typical APR variable One Year Holiday Loan rate (8.5% APR). Lending terms and conditions apply. Loans are subject to approval. Table is for illustration only and does not constitute a contract. Repayment figures correct as at June 2016. Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future.

 

Holiday Loan 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 (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 Certicate. Completed Form F11.
• 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

 

 

Holiday Loan Terms & Conditions

• Maximum term is up to 12 months.
• Maximum loan amount is €5,000 (net of shares).
• No top ups allowed.
• We may seek your permission to undertake a credit bureau check with your loan application.

 

For further information or to make an appointment to discuss your home loan application, please contact us directly.

 

Download the information leaflet as a PDF