You can avail of Lisduggan Credit Union’s personal loan option for all kinds  of reasons. Home Improvements, Holidays, Car purchase and repair, tax and insurance, back to school and many more,

You can apply for any amount based on lending criteria. These are straightforward and include: how much you earn, how much you want to borrow and what you can afford to pay.

Typically the duration of our personal loans fall between 1-5 years and is linked to the purpose of the loan. For example: holiday loans are usually repaid in 1 year and car loans in 3 to 5 years but we look at each loan application individually.

Members have the flexibility of repaying the loan quicker than planned, without any penalty.

Our loan interest rate is calculated on a reducing balance; this means you only pay interest on what you owe, the faster you pay off your loan, the less interest you pay

 

Why get a Personal loan with us?

Competitive Interest Rate

Enjoy a low interest rate with no hidden costs or charges. You won’t need to pay any deposits or lump sum payments.

Flexible Repayment Schedule

Choose between weekly, fortnightly or monthly repayments.
No extra charges for early repayments.

Quick Loan Approval

We aim to come back to you with a decision within 24 hours of receiving your application and supporting paperwork.

End to end online loan process

Take advantage of our new online loan process. Apply for a  loan within minutes using our website.

 

Terms and conditions apply. Loans are subject to approval.

 

Personal Loan Rates: 1st June 2021

From the 1st June 2021 all New Personal Loans issued below €5,000 will have an interest rate of 12% (12.69% APR). New Personal loans issued above €5,000 will have an interest rate of 10.5% (11.05% APR)

All Personal Loans issued before 1st June 2021 will retain their current rate of 10.5% (11.05% APR).

Where an existing Personal Loan of 10.5% (11.05% APR) is topped-up by an amount of less than €5,000, the full loan balance will have an interest rate of 12% (12.69% APR).

Where an existing Personal Loan of 10.5% (11.05% APR) is topped-up by an amount of at least €5,000, the full loan balance will retain the  interest rate of 10.5% (11.05% APR).

Alternatively, the existing rate of 10.5% (11.05% APR) can be retained on an pre-existing loan balance, with the new application of less than €5,000 being granted as a separate loan.

 

We aim to give a decision within 24-48 hours. Some applications may take longer to process due to insurance requirements.

 

Loan Calculator

Applying for a loan? – Try our loan calculator and start your application today!