Loan Information

Loan Interest Rate

Currently our Standard loan interest rate is 10.99% (APR 11.56%). Interest is charged on outstanding principal only, not on outstanding interest. When a loan payment is received, the payment is first applied against the outstanding interest before being applied to loan repayment and savings.  Interest is added on a daily basis, so every repayment you make reduces the interest due the next day.

We also have a rate of 8.95% (APR 9.33%) available on qualifying large loans for Home Improvements over €20,000, and for qualifying Car Loans over €12,000.  Ask to speak to a loans officer for more details.


Central Credit Register Notice

Under the Credit Reporting Act 2013 lenders are required to provide personal and credit information for credit applications and credit agreements of €500 and above to the Central Credit Register. This information will be held on the Central Credit Register and may be used by other lenders when making decisions on your credit applications and credit agreements.

You can request a copy of your own CCR report and find out more about the register at

From the end of August 2021 certain member data held by the CCR will be shared with the Central Statistic Office.  For more information on what this data is and why it is neccessary there is a detailed FAQ section at this link