Loans from Your Credit Union

Why is a Credit union loan better?

A Credit Union loan has some very special features: • Free Life cover on Loans to all eligible members • Repayment protection insurance is available as an optional extra. • No hidden fees or transaction charges. • Repayments calculated on the reducing balance of the loan. This means smaller interest repayments as you repay your loan. • Flexibility -you can repay the loan earlier or make larger repayments than agreed with no penalty. • Additional lump sum repayments accepted with no penalty

Repayment Protection Insurance [RPI] can also be arranged on your loan, for more click here to get more info on our Repayment Protection insurance.

To speak to a member of our loans team call 094 9022969 extension 2 or you can email loans@castlebarcu.ie In order to make the application process as easy as possible please apply before 13:00hrs on Wednesday in order for your application to be processed for the Credit Committee meeting that night. Proof of income is required for your application and you will also need to allow the Credit Union to carry out an Irish Credit Bureau check.

Car Loans at 7.5% - (Typical APR 7.7826%)
	Terms up to 5 years
	Castlebar Credit Union offers members car loans at the fantastic low interest rate of 7.5% With a Castlebar Credit Union car loan you can own your own car from day one .Minimum Loan €2000 Invoice required from garage - Loan cheque payable to garage. Private Car Purchases subject to Terms & conditions.
	Note: There is no loan interest rebate with this product.

Smart Student Loans Package 5.5% (Typical APR 5.651%)
	Terms up to 5 years
	Castlebar Credit Union has put together a student loan package to deal with the financial difficulties of going to college. Our smart start student loan is probably the best value on the market and is available to students in 2nd level fee paying private colleges and 3rd level full time education only. The student must be the borrower.
	Note: The Student must be the borrower. A Guarantor is required for this product. There is no loan interest rebate with this product.

Home Improvement Loans at 8.5% - (Typical APR 8.8642% )
	Terms up to 5 years
	This loan product is available for new amounts for €10,000.00 and above. Loan can be taken out for structural home improvements (including sites, house deposits on a family home, small mortgage type loans). Expenditure must be verified (Invoices / Quotations) Terms up to 5 years. Terms and conditions apply.
	Note: There is no loan interest rebate with this product.

 

Smart Personal Loan Promotion 9.5% - (Typical APR 9.9564% )
	Terms up to 5 years
	Castlebar Credit Union have developed a special rate of 9.5% for all personal lending where the loan repayments include Repayments Protection Insurance (RPI)for the member, which covers the loan repayments in case of accident, redundancy, sickness/critical illness, subject to terms & conditions.
	Note: There is no loan interest rebate with this product

Standard Personal Loan Promotion 11.95% - (Typical APR 12.6779% )
	Terms up to 5 years
	Castlebar Credit Union standard loan rate—this rate is available for all other loans such as Holidays, Special Occasions, Christmas expenses etc. Top up loans are available at this rate
	Note:Loan Interest Rebate may be paid back on this loan rate only.