Loans
Loan Rates
- Standard Loan Rate 9.5% (9.9% apr)*
- Special Car Loan Rate 6.5% (6.7% apr)*
- Special Education Loan Rate 6.0% (6.2% apr)*
- Community Loan Rate 5.0% (5.12%apr)*
| Year | Dividend | DIRT | Standard Loan | Loan Interest Rebate |
| 2011 | 1.25% | 27% | 9.5% (9.9% apr) | 10% |
| 2010 | 1.25% | 27% | 9.5% (9.9% apr) | 10% |
| 2009 | 2% | 25% | 9.5% (9.9% apr) | 10% |
| 2008 | 2.5% | 20% | 9.5% (9.9% apr) | 20% |
*Terms & Conditions Apply
Why Borrow?
Providing loans for Members is one of the main functions of a Credit Union. Loans are provided on reasonable terms to members, ensuring that money is injected back into the local area for the benefit of Members and the community as a whole.
Loans are provided for house deposits, cars, home improvements, holidays, education, weddings, computers and any number of other purposes.
Benefits
When you receive a loan from St. Anthony’s & Claddagh Credit Union, you will find many advantages in comparison to other institutions:
- Your loan application will be dealt with strictly on its own merits.
- Your repayments will be tailored to meet your own personal circumstances.
- The repayment schedule can be adjusted to meet your own changing circumstances if necessary.
- No processing or documentation fees.
- No penalties for paying off your loan early.
- You, as a member, benefit from any surplus that we make by way of a yearly dividend. You get money back on your interest paid if a loan interest rebate is applied. You pay the interest on the reducing balance of the loan, therefore, you pay less interest as the loan decreases.
- Loan Protection Insurance free of charge for members. Should a member with an outstanding loan balance die, the balance is repaid in full, subject to certain terms and conditions which may apply.
