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