“876” Loan – The Larger the Loan – The Lower the Rate

 

Our new “876” loan range allows you to borrow for any purpose from home improvements to weddings and everything in between! But what really makes these loans special is that our interest rate gets lower as your loan gets bigger!

 

€15,000-€19,000: 8% (8.29% APR)

€20,000-€29,999: 7% (7.22% APR)

€30,000+ : 6% (6.16% APR)

 

Sample Repayment;

For a €25,000, 5 year variable interest rate loan with 260 repayments of €114.00, an interest rate of 7%, a representative APR of 7.22%; the total amount repayable by the member is €29,627.53. Information correct as at 1st December 2019

Loans are subject to approval. Lending Terms and Conditions apply.

 

Terms and conditions

  • Invoices/Quotes may be required depending on the purpose and value of the loan.
  • An “876” Loan can only be “topped up” by another loan within this categoryi.e. a minimum top up of €15,000.
  • The interest rate offered will be based on the overall loan balance.
  • An “876” Loan can be “topped up” on an existing loan balance provided that the “top up” portion is a minimum loan of €15,000.
    • The loan will then be subject to the t & c’s of the “876” loan and can only be “topped up” as outlined above.