Borrow

Apply for a loan online

You can apply for your loan, upload your documentation and sign your credit agreement from home. We can also lodge the money to an account for you once approved. You can apply 24/7 at a time and location convenient to you, no need to come to the office and queue. This is the quickest way to get your loan.

You can apply from the Enniscorthy CU App or through our online banking cuonline.

The two most important things about a loan are, being able to borrow the money and being able to repay it. At Enniscorthy Credit Union Limited we encourage you to manage your money carefully by structuring loans around your needs and your ability to repay. Establish a good savings record by saving regularly so we can see that you have the ability to repay.

Loan Rates

At Enniscorthy Credit Union Limited we have very attractive rates of interest.

• Car Loan 6.9% (7.1% APR)
• Cultivate Loan 6.55% (6.75% APR)
• Green Loan 5.25% (5.4% APR)
• Personal Loan 12% (12.6% APR)
• Education Loan 6% (6.2% APR)
• Holiday Loan 12% (12.68% APR)
• Wedding Loan 12% (12.68% APR)
• Secured Loan 4.83% (4.9% APR)
• Community Loan 5.25% (5.4% APR)
• Large Home Improvement Loan 8.6% (8.95% APR)
• Mortgage 4% (4.1% APR)

APR stands for Annual Percentage Rate.

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.

WARNING: THE COST OF YOUR MONTHLY REPAYMENTS MAY INCREASE.

WARNING: IF YOU DO NOT KEEP UP YOUR REPAYMENTS YOU MAY LOSE YOUR HOME.

Loan Calculator

Why an Enniscorthy Credit Union Loan is different

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!

Applying for a loan is easy 

To begin, with you have to be a member of Enniscorthy Credit Union Limited. For more information on becoming a member please take a look at Join Page. We now offer the facility to Join Online .

For members, you can

• Apply in person in any office
• Apply by phone, call us on 0539233835,
• Apply by email to loans@enniscorthycu.ie
• Apply online in your cuonline member area
• Apply on the EnniscorthyCU App

We can then discuss your needs and proceed with your loan application.

Loans are subject to approval. Terms & Conditions apply.

What we require for personal loans:

(requirements for Mortgages, Community Loans and Cultivate Farm Finance are different – see individual pages)

1. Outgoings

• 3 Months bank statements (Most recent)
• Credit Card Statement
• Mortgage statement (if applicable)

2. Proof of Income

• Employed – 2 recent pay-slips
• Self-employed – Most recent set of accounts and latest tax returns/Notice of self-assessment
• Social Welfare – 2 recent payment receipts
• Retired – Proof of all pensions

3. Photo I.D.

• Passport
• Drivers Licence
• Student Card

Please note: When processing a loan application we use The Central Credit Register for credit reporting purposes.

Your Loan can be drawn down Online

After you have applied for your loan, members with online access will be able to draw the loan down online and have it lodged to their current account, by signing for it digitally.

We love to give our members flexibility, freedom and choice on how they do business with us.