Loans
The Credit Union will consider loan applications from members for any worthwhile purpose. Each application is treated in the utmost confidence and will be considered on its own merits. It is credit union policy to meet the borrowing requirements of as many members as possible, depending on the available funds.
Loans can be applied for by calling to our office, by telephone or via the members section of the web site. Our staff will give you any assistance required. Loans will then be considered by a Loan Officer, or will go to the weekly Credit Committee meeting.
Standard Loan
- Loan is greater than amount of savings
- Members can avail of our standard rate loan at a rate of 10.40%
- Loan for Holidays / Home Improvements / Car Insurance or repairs etc
- Loans range from €200 to €20,000
Secure Loan
- Loan is within Shares amount at a reduced rate of 6.75%
- Shares cannot go below the value of the loan
Access Loans
- Access Loans are available to cover Emergencies, when a top-up on an existing loan is not possible.
- Maximum amount available is €1000 and must be paid back weekly at €23 per week
- Terms and Conditions will apply
Student Loans
- Student Loans are available to college students at a reduced rate of 6.75%
- Loan is in Students name
- Proof of College Fees & Expenses are required
- Members must have a good saving record
- We may require a parent to go as a guarantor for the loan
Try out our quick and easy loan calculator below
Maximum Loan Term :
10.98%
10.98%
10.98%
Whilst every care has been made in the production of this document, the Credit Union, or its staff, cannot be held responsible for any omissions, errors or other mistakes made herein. This document is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing.
- There are no hidden fees or transaction charges
- Our interest rates are fair and reasonable compared to others in the market
- Repayments are calculated on your reducing balance, so you pay less interest with each repayment
- Your credit union loan is insured - subject to terms and conditions - at no direct cost to you. Other lenders charge for this
- You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, without a penalty. Other lenders may charge you extra for paying them back faster!
- It sustains growth and employment as the money is spent locally
- It provides opportunities to our members to travel abroad, get married, do home improvements, manage their finances, further their education etc
- Borrowing from Firhouse Credit Union will help secure its future for generations of members to come
You have to be a member of Firhouse Credit Union, with a regular pattern of saving. For members, please visit or contact us and we can discuss your needs and give you an application form.
Loans are subject to approval. Terms & Conditions Apply
