Switch & Save Loan

Switch your loan or credit card from another financial institution and save!

Switcher Loan Option Loan Amount Loan Rate Loan Type
1. €5,000-€9,999 8% Separate Loan
2. €10,000-€19,999 7.5% Separate Loan
3. €20,000+ 7% Separate Loan
4. Any Amount 10.5% Standard Rate/ “Top-Up”

 

  • This promotional loan is also available to existing borrowers as a separate loan
  • Special Rates 1-3 are not available as a Top-Up loan on a standard rate loan
  • Promotional rate applies to members transferring a loan from another financial institution/lender.
  • Proof and current balance of the debt(s) to be switched required.
  • Loan will only be issued by Cheque/Electronic transfer directly to the provider of the loan being switched.
  • The maximum loan term is 5 years
  • Terms and conditions apply. Loans are subject to approval.

 

Sample Repayment

Loan Amount

 

€10,000
Loan Rate 7.5%   (7.79% APR)
TOTAL Cost of Credit €2,006.00
Total Amount Repayable €12,006.00
Weekly repayments over 5 years €46.00

 

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Sample Repayment:

For a €10,000, 5 year variable interest rate loan with 261 weekly repayments of €47.00, an interest rate of 8%, a representative APR of 8.29%; the total amount payable by the member is €12,131.87 Information correct as at 9th April 2018

 

Documentation Checklist:

  • 2 Current Payslips or Social Welfare Receipts
  • Current 3 Month Bank Statement for all loans €5,000+ above savings
  • Self Employed: 2 Years Set of Accounts + Tax Clearance Cert
  • Current Proof of Address – Utility bill etc. dated within 3 months
  • Proof of PPS No.
  • Proof and current balance of the debt(s) to be switched required.

 

If you would like a loan you can follow any one of these easy steps: