If you are in receipt of a social welfare payment then you can apply for The “It Makes Sense” Loan.
If you receive your social welfare payment in cash at a Post Office, loan repayments for this scheme will need to be made via the Household Budget Scheme offered by An Post. Please click here for more information on the Household Budget Scheme, including the type of social welfare payments which qualify.
If you receive your social welfare payment via EFT then repayments will need to be via standing order or direct debit. Please note that certain credit unions will only grant a loan if the repayment method is through the Household Budget Scheme. Your local credit union will advise you on this requirement.