First Choice Credit Union launch new low 5.90% Personal Loan rate.

If you are thinking of a large personal investment and need some financial assistance, this may be the opportunity you have been waiting for. First Choice Credit Union have launched a brand new Large Personal Loan with the super low rate of 5.90%* (Typical APR 6.06%). The Large Personal Loan is an unsecured product which gives members the option of long term low interest rate borrowings, with flexible terms up to a maximum of 10 years**. Large Personal Loan

The 5.90% rate is available for new borrowing proposals €50,001 and €80,000 which are drawn down on or before the 30th September 2021.

Some of the loan purposes for this product include home extensions, kitchen and bathroom upgrades, attic conversions, landscaping, purchase of mobile homes or camper vans and even switching existing performing borrowings with other institutions to the Credit Union. As with all Credit Union loans there remains no administration fees or hidden charges and have the added benefit of Free Loan Protection Insurance*** which gives members piece of mind.

Loan assessment is based mainly on affordability. Loans are available to existing members, returning members and those in our local community who have yet to become members. New members can apply for borrowings as soon as they join up.

 

Further information is available on our personal loan webpage or by email at loans@fccu.ie.  Enquiries can also be made by phone at 094 9022969 or by visiting our branches in Achill, Balla, Ballyhaunis, Castlebar or Swinford.

Loans are subject to approval. Terms and conditions apply. 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. First Choice Credit Union Limited is regulated by the Central Bank of Ireland.

*A loan of €60,000 at 5.90% (6.06% APR) repayable over 10 years would have 120 monthly repayments of €663.17 per month. Total amount repayable is €79,577.40. Total cost of credit is €19,577.40.

** depending on the purpose of the loan.

*** Terms & Conditions apply.