Motor Loan – 7.24% (7.5% APR) Variable
“Own your car straight away
– no balloon payments, no mileage restrictions!”
Whether it’s time for a new car, an upgrade, or your own set of wheels, talk to us about our competitive car loan now.
With an easy application process, fast approval and flexible repayment options you could be driving away with a new car in a matter of days.
Why choose a Letterkenny Credit Union Car Loan?
- You own the car outright from the beginning
- No hidden costs or administration fees
- No penalty for early payback, you can pay the 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
- 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 dated within the last 6 months: A current utility bill or bank statement or government letter
- 1 recent receipt of any income you receive (this may include payslips, social welfare receipts, pension receipts).
- If you are Self Employed please contact the loans team on the number below and they will advise what documentation is required
- 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 3 months)
- A fully completed loan application form
Term & Conditions
- The maximum motor loan is €50,000
- Applications are open to all members of Letterkenny Credit Union Ltd.
- 2 top-ups in 5 year period
- Repayments must be made via direct debit or payroll deduction
Should your total loan exceed €30,000 please contact the loans team on the number below and they will advise if any additional documentation is required
APPLYING FOR YOUR LOAN IS EASY
Apply through your cu online members area
Apply through the Letterkenny Credit Union App
Apply in person
CONTACT DETAILS OF LOANS TEAM
Should you have any queries contact our loans team
Phone: 074 91 02 126
|Motor Loan Amount||Term||60 monthly Repayments||Total Amount repayable|
Representative example correct as at 02.06.2020