FOR A MERRY CHRISTMAS
No matter how you celebrate the festive season, be it something low key or with all the trimmings, talk to your local credit union today about a flexible Christmas loan.
Over 60 years ago, credit unions across the island of Ireland were created with one purpose - to provide the essential funding that’s the lifeblood of any thriving community. And to do this not for profit. But for better reasons.
Like making Christmas merrier for you and your loved ones – whether you need help buying that special gift or you’re planning an extra-special celebration. So if you want to make the festive season even more festive, talk to us today about a flexible Christmas loan.
The Credit Union – For You. Not for Profit.
Why choose a Credit Union?
Because we’re for you, not for profit.
We are owned by our members and we only exist to serve their needs and the needs of their communities.
And for over 60 years, we’ve been helping towns and villages across the island of Ireland to thrive and grow – both through the funds we’ve lent to local people and businesses and the charities and clubs we support every day.
So whether you’re a farmer or a student, a small business owner or a bride-to-be, explore our wide range of flexible loans– and find out how it feels to be a member of a financial institution that puts you at the heart of everything.
What is the Interest Rate for a Credit Union Christmas loan?
The average rate charged by a credit union in the Republic of Ireland for a personal loan is 10.59% APR. The maximum interest rate a credit union can charge is 12% (12.68% APR). Click here to view information on average credit union loan rates.
Many credit unions also offer discounted or promotional rates at certain times of the year - please check with your local credit union for further details. And not only that, many credit unions offer a loan interest rebate at the end of the year, making credit union loans even more appealing. The best thing to do is to contact your local credit union who will come back to you with details on the interest rates they currently offer.
* For a €/£3,000, 1 year variable rate loan with 12 monthly repayments of €/£267.50, an interest rate of 12% (an annual percentage rate of 12.68%), the total amount payable by the member is €/£3,210.02.
How do I Apply for a Christmas Loan?
All credit unions are different but many will allow you to apply online or over the phone with many offering quick approval times - for more information on how to get a Christmas loan from the credit union, click here.
If you are already a member of a credit union, contact your credit union today, or to submit a loan enquiry to your local or workplace credit union, please click on the Loan Enquiry link below.
Not a Member? Not a Problem!
If you’re not already a credit union member, why not join your local or workplace credit union today? You'll find more details on what you need to join by clicking here.
Or if you can’t remember the last time you used your local credit union, that's also no problem. Credit unions just love to see old friends returning. Just contact your local credit union to find out how to reactivate your account.
Loans are subject to approval. Terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future. Credit unions in the Republic of Ireland are regulated by the Central Bank of Ireland. Credit unions in Northern Ireland are authorised by the Prudential Regulation Authority, and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.