Consolidation Loan – APR 8.2%

Debt Consolidation Loan – APR 8.2%

“Transfer multiple debts to us for one simple manageable payment”

Why choose a Letterkenny Credit Union Debt Consolidation loan?

  • No hidden costs or administration fees
  • No penalty for early payback, you can pay loan off early or make lump sum payments with no additional charges
  • Free life cover on your loan (subject to terms & conditions)
  • Low Cost Loan- affordable loans
  • Flexibility to repay your loan with terms of up to 10 years
  • Repayments to suit you – weekly, fortnightly, 4-weekly or monthly
  • Fast and efficient service

All we require is:

  • Proof of PPSN  (Payslip, document from  Revenue or Department of Social Welfare)
  • Photo ID- Current Drivers licence or Passport
  • Proof of your Address: A current utility bill
  • 1 recent receipt of any income you receive (this may include payslips, social welfare receipts, pension receipts).
  • If you are Self Employed we need your most recent Form 11 Notice of Assessment.
  • 3 months up to date bank statements, dated as close to the application date as possible, (your statements should show your income and any mortgage/rent or loan payments that you may have and be no older than 8 weeks)
  • Statements of debts you are repaying
  • A fully completed loan application from

Terms & Conditions

  • Applications are open to all members of Letterkenny Credit Union Ltd.
  • We require BIC and IBAN for the all debt accounts we are clearing as we make payments directly to clear the debt.
  • Maximum term 10 years.
  • All debts that are to be consolidated must not be in arrears.
  • Maximum loan of €25,000.
  • In some cases a guarantor may be required.
  • The owner of the debt must be party to the loan.
  • Members with mortgage arrears or who are in an arrangement (moratorium) on mortgage debt may not avail of a debt consolidation loan.
  • We will not take over debt that has been written off by another financial institution or non-performing loans that have been assigned to a debt consolidation agency.


Call into our office and apply today! Or apply online here.