Loans
Take out a Loan
We've made it easy to borrow at a fair, affordable rate with no application fees and no early repayment charges.
To begin with, you have to be a member of Athea & District Credit Union Ltd. For more information on becoming a member please click here.
Our Loans at a glance
What we lend for
Standard Loan
8.5% (9.1% APR)
New Car Loan
5.84% (6% APR)
Education Loan
6.5% (6.7% APR)
Not-For-Profit Loan
5% (5.1% APR)
Farm Development Loan
8.5% (9.1% APR)
Green Loan
5.5% (5.64% APR)
Special Home Improvement
6% (6.18% APR)
Covered Loan
5.5% (5.64% APR)
Loan Calculator
Our loan rates are competitive!
Maximum Loan Term :
9.1%
9.1%
9.1%
This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.
What you need when applying for a loan
The following documentation will be required to process a loan application:
- 3 recent payslips (for PAYE workers) and 3 month's bank statements
- Most recent tax return / audited accounts (for self-employed)
- Copies of social welfare benefit/pension information (for those on social welfare)
- Further information may be requested, the above mentioned is only a general guideline
The two most important things about a loan are, being able to borrow the money and being able to repay it. At Athea & District Credit Union we encourage you to manage your money carefully by structuring loans around your needs and your ability to repay.
Loans are subject to approval. Terms & Conditions apply.
Why borrow from Athea & District CU?
No hidden fees or transaction charges
There are no administration charges, hidden fees or transactions charges.
Affordable loan rates
Credit Union interest rates are fair and reasonable and capped by law.
Flexible loan repayments
Once you are eligible for a Credit Union loan, repayment terms can be designed around your needs.
No early repayment penalty
You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, without a penalty. Other lenders may charge you extra for paying them back faster!
Decreasing interest
Repayments are calculated on your reducing balance, so you pay less interest with each repayment.
Free insurances
Your credit union loan is insured - subject to terms and conditions - at no direct cost to you.
