Personal Loans
Talk to Limerick & District Credit Union today about our flexible Personal Loans.
Personal Loans from 11.50% (APR 12.12%)
At Limerick & District Credit Union, we make borrowing simple and stress-free. With our Personal Loan you can borrow up to €100,000 unsecured for a wide range of needs.
Available for all types of loans both big & small. Everything from car tax to home insurance to dental work and special occasions.
Representative Example
A representative example is a term used in financial regulations.
The example will help to show you the typical costs associated with a loan for a certain amount.
LOAN AMOUNT
€10,000
LOAN TERM
5 Years
MONTHLY REPAYMENT
€219.93
Rate of Interest – APR
12.12%
Total Interest
€3,193.42
Total Cost of Credit
€13,193.42
Loan Calculator
Use the calculator below to work out your repayments from our various loans.
- Weekly
- Fortnightly
- Monthly
All figures given on this website are for your general information only, and give an approximate guide to loan repayments. The figure calculated above does not constitute a loan offer and any statements on this website do not purport to be authorative or legally binding. Limerick & District Credit Union accepts no responsibility for errors due to changes in rates or offers which have occurred after this date. You are advised to check with our offices for up-to-date rates and offers.
What do I need to apply?
Applying online is quick and straightforward. With your consent, we can securely access the bank statement
information needed to assess your application through our online lending system.
This can reduce the need to provide printed bank statements and helps us
process your application more efficiently.
For personal applications the following documents are required:
- Your most recent payslip
- Bank statements for the previous three months
- Evidence of rent, mortgage payments or other financial commitments if these are not shown on your bank statements
- Revolut statements where Revolut is your main day-to-day account or where regular transfers to your Revolut account appear on your other bank statements
If Self employed/director of a company you will also need to provide:
- Your most recent set of financial accounts
- Your corresponding Notice of Assessment or Form 11
- A Tax Clearance Certificate or a letter from your accountant confirming that your tax affairs are up to date
- Personal and business bank statements for the previous three months
The documents required may vary depending on your circumstances and the type or value of the loan.
We will let you know if any additional information is needed.
Loan Application Process
Become a Member
Become a member of Limerick & District Credit Union and start benefiting from our great range of products and services from low rate personal loans, to mortgages and current accounts.
Calculate your Loan
Estimate how much you could borrow and calculate your repayments: weekly, fortnightly or monthly using our handy online calculator.
Apply for Loan Online
Start your application: You can apply for a loan with us online, or in person at our offices in Caherdavin, William Street, St. Patrick's and Dooradoyle.
Sit Back and Relax
Loan decisions are made quickly, and the funds can be transferred directly to your bank account.
Ready to Apply?
Click on “Apply Now” button to start your journey right now or click on “Contact Us” button to send us a message if you are unsure about your documentation, or still have other questions. If you are not a member, join us today!
Why apply with us?
- Flexible, low cost way of covering your expense.
- Straight forward loan with regular repayments over an agreed term.
- No administration fees or hidden charges.
- Interest is charged on your reducing loan balance so your repayments are based on what is actually outstanding.
- Loans are insured by the Credit Union’s Loan Protection Insurance. This gives the comfort of knowing that your family will not be left with the burden of loan repayments in the event of your death. This cover is available at no extra cost. (Terms and Conditions apply).
All loans are subject to approval. T&C’s apply. Warning: if you do not meet the repayments on your loan, your account will go into arrears.
This may affect your credit rating which may limit your ability to access credit in the future.
Credit Unions in the Republic of Ireland are regulated by the Central Bank of Ireland.
