Killarney Credit Union

This email address is being protected from spambots. You need JavaScript enabled to view it.

icon handshake

Loans

Great rates, flexible options and friendly local service.

 
Beech Road

064 KillarneyCU6631344

link

 
Park Road

064 KillarneyCU6631344

link

 
Kenmare

064 KillarneyCU6631344

link

Image not available
Become a Member
Contact Us
This email address is being protected from spambots. You need JavaScript enabled to view it.

Home Improvement Loans

banner image 1

Get the newsletter!

Sign up now.

Learn more...

 
Beech Road

Email us...

This email address is being protected from spambots. You need JavaScript enabled to view it.

 
Park Road

Email us...

This email address is being protected from spambots. You need JavaScript enabled to view it.

 
Kenmare

Email us...

This email address is being protected from spambots. You need JavaScript enabled to view it.

Image not available
Become a Member
Contact Us
This email address is being protected from spambots. You need JavaScript enabled to view it.
Killarney Credit Union

Loans

link loans

Quick Loan Enquiry

Simply fill in the form below with some basic information about the loan you require and we will be very happy to contact you with information and more details. You must be a member of Killarney Credit Union to apply for a loan.

Please note that there are maximum term and maximum loans in certain loan categories. Please refer to the loan section for more information.






Lending policy

Lending Policy

The granting of loans is always subject to the availability of funds for such purposes. Interest is calculated and charged on a daily basis on all loans.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 drawndown. All loans are subject to specfic 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.  

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.

Borrowing tips

icon highlighter 

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. 

icon highlighter

The more you save, the easier it is to borrow.

icon highlighter

Prepare for your loan well in advance. Meet our loans officer to discuss the terms and conditions of your loan i.e How much you will be required to have in savings, how much you need to borrow and decide the frequency and cost of the repayments. The decision process will start as soon as you provide all the required documentation.

icon highlighter

Complete a loan application form with a member of staff during office hours.

icon highlighter

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.

icon highlighter

Loan applications will be considered promptly and in the strictest of confidence. It is our policy to turn around loan decisions without undue delay.

icon highlighter

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.

icon highlighter

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. 

 

 

 

 

 

FAQ

Why is a guarantor or security needed?

For larger loans the credit committee may insist on other security such as assignable insurance policies or a legal charge on property. Guarantors may also be sought by the credit committee, should the member fail to repay the loan, there are a legal obligation on the guarantor to repay the loan himself or herself.

What is a Credit Agreement?

A credit agreement, once signed, is a legally binding contract between the member taking out a loan and Killarney Credit Union. The agreement contains the terms and conditions under which the loan will be issued and under which it must be repaid by the member. By signing the credit agreement, a member agrees to be bound by its terms and conditions.

7.jpg

Recent tweets...

Apply now!

Applying for a loan couldn't be easier - just fill in our quick loan enquiry form and we will contact you!

Enquiry form...

Great loan interest rates from as low as 

5.6%

link

More Information

For more information about any of our services please feel free to contact us directly.  We will be happy to help in any way we can.

Contact us...

Credit ReUnion HOME Window Twitter Cover Alternate v1

Loans

Low cost loans

Competitive rates

Fast loan approval

Read more...

Killarney Credit Union Home Improvement Loans

Don't miss our great value home improvement loans at a special rate of 8% (8.3% APR).  Click here to find out more!

hidden link

Welcome To Killarney Credit Union

Here are a few quick links to help you find the information you need. You can access this menu at any time by clicking on the green grid icon in the top left corner of the screen.

 

Savings

Multiple options

Ease of access

Security & peace of mind

Read more...

Other Services

Foreign Exchange

Paypoint

Insurance Products

Read more...