Buncrana Credit Union offer a wide range of loan products with competitive interest rates, so you can, for example, pay for those unexpected bills, indulge your favourite hobbies or go on that long awaited holiday
Save & Borrow Christmas Loan 10.51% APR If you Save the equivalent of your loan repayment for 8 weeks you can apply for a loan of up to €1,000. Only one payslip or social welfare slip required.
First Time Borrowers Loan 8.84% APR: Available to new and existing members. No savings history required. Terms and conditions apply.
Standard Loan 10.51% APR: Whether you are doing home improvement, going on holidays, have a special occasion or getting married our personal standard loan is the product for you.
Secure Loan 6.18% APR: As a reward for savers we offer a reduced rate of interest to members who are borrowing against their savings.
Car Loan 7.78% APR: Changing your car…Come to us first! Proof of purpose is required for this loan product.
Student Loan 6.18% APR: Heading to college and need a helping hand? Our student loan is the perfect solution for you.
BENEFITS OF A CREDIT UNION LOAN
- Interest is calculated on the reducing balance of the loan. This means smaller interest repayments as you repay your loan
- No administration fees or hidden charges
- No penalties for early repayments
- Free Loan Protection Insurance(terms and conditions apply)
- All loans are subject to approval
What you need when applying for a loan
A fully completed loan application form to be accompanied by 3 months current bank statements and proof of income.
If self-employed your most recent Revenue Notice of Tax Assessment must be supplied.
Photographic ID and Proof of Address may be required, if advised by staff.
Guarantor
In some cases a guarantor may be required. If you sign as a guarantor this means that you are agreeing to pay the borrower’s Credit Union debt if they default on the loan.
