Competitive Variable Rates
Interest rates from 6.9% Variable (7.12% APR)
Flexible Repayment Options
Terms From 1 – 10 years
Tiered interest Rates
The more you borrow, the lower the rate you pay.
Borrow Up to €75,000
For Life’s Big and Small Moments
Standard Tiered Loan
What Can I Use a Standard Loan For?
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Home improvements or renovations
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Car or vehicle purchase
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Education or training costs
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Life events or celebrations
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Unexpected costs or emergencies
Rates:
- 6.90% Variable (7.12% APR) for loans above €30k
- 7.90% Variable (8.12% APR) for loans between €15,001 – €30k
- 9.50% Variable (9.92% APR) for loans up to €15k
Contact us and see if we can help!
The information provided on this Calculator is for information purposes only and does not constitute an offer of credit or any form of advice, recommendation or arrangement by the Credit Union. The calculation is based on limited information provided by you, a credit decision will require further information and full underwriting.
Disclosures
*APR (Annual Percentage Rate): Maximum Variable 9.5% (9.92% APR)*
- 6.90% Variable (7.12% APR) for loans above €30k
- 7.90% Variable (8.12% APR) for loans between €15,001 – €30k
- 9.50% Variable (9.92% APR) for loans up to €15k
Minimum loan is €500. Maximum is €75,000 over shares.
Loan Term Options: Repayment terms of 1 – 10 years. No penalty charges for early repayment.
Fees and Charges Disclosure:
- No hidden fees or set-up costs.
- No upfront repayments.
- No transaction charges.
Contact Information:
Phone:01 286 2624 Email:loans@eastcoastcu.ie
Consequences of Non-Payment:
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: Possible fluctuations in the interest rate could affect the amount payable.
Representative Example:
A loan of €10,000 over 5 years with 60 monthly installments costs €210.02 per month at a variable rate of 9.5% (Annual Percentage Rate (APR) 9.92%). The total amount you pay is €12,601.20. Cost of credit is €2,601.20. Variable rates may increase which would cause the cost of credit to increase.
A loan of €20,000 over 5 years with 60 monthly installments costs €404.57 per month at a variable rate of 7.90% Variable (8.12% APR). The total amount you pay is €24,274.20. Cost of credit is €4,274.20. Variable rates may increase which would cause the cost of credit to increase.
A loan of €35,000 over 5 years with 60 monthly installments costs €691.39 per month at a variable rate of 6.90% (Annual Percentage Rate (APR) 7.12%). The total amount you pay is €41,483.40. Cost of credit is €6,483.40. Variable rates may increase which would cause the cost of credit to increase.
You must be a member of East Coast Credit Union to be granted a loan. To become a member you must live or work within our common bond.
Loans are subject to approval.
Terms & Conditions Apply – Whilst every care has been made in the production of this information, it is for illustrative purposes only and to give you an overview of the potential cost of borrowing at East Coast Credit Union. It does not constitute a loan offer.