Our Loans
Loans For You
Whether its for a home renovation project, for a new car, or seasonal costs such as back to school or a holiday, we've got just the loan to suit you.
OUR LOANS
Explore our many loan options below
Unlock the exclusive benefits available to you by becoming a member today and join our credit union community supporting the Irish Defence Force Community and their families.
Loan Calculator
Try out our quick and easy loan calculator below
Maximum Loan Term :
7.1%
7.1%
7.1%
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.
Loans FAQs
Apply for a loan today with interest rates that suit you!
Currently we offer car loans, annual loans, standard personal loans, special secured loans, welcome loans, debt consolidation loans and home renovations loan. You can read about these here.
Yes, we will lend to you for an imported vehicle provided you supply us with a copy of the log book within 3 mths of loan issue.
Upon qualification for your car loan, a cheque is payable to garage/car dealership. Alternatively, a copy of the log book must be supplied to us within 3 months of the loan being issued.
Typically, you will be stress tested if seeking an unsecured loan above €7,000.
To allow us to determine your ability to repay a requested loan, you must submit proof of income and your three most recent monthly bank statements.
In the case of a request for a home renovations loan in excess of €75,000 we will consider it on a case by case basis. Call our office on 018554489 to speak to one of our loan officers directly.
Yes, you are required to present a builder’s quote for at least 75% of the value of the loan being sought.
For all our current loan offerings Members have a choice of Fixed or Swift Rate loan repayments. With our fixed loan repayments Members loan repayments are the same each month. Of their monthly repayment, the majority is offset against the loan and interest. However, a designated portion of their repayment also goes into the Members shares. As their loan balance reduces, the portion going to their shares increases.
With our Swift interest loan repayment rate, repayments are also fixed. However unlike for our fixed loan repayment rate, the portion of repayments going into shares, for Members who select this option, remains static throughout the full loan term. Members who chose this rate will pay off their loan faster but will have less shares when they’ve finished paying off their loan.
For loan applications above €25,000 applicants are required to fill out a declaration of health form. We email or post this out to them along with their loan application form. They must then fill this out and return it fully completed and signed along with their application form by email or post.
