Rathkeale & District Credit Union

Loan Types

Standard Loan

Rate of 10.20% (Typical APR of 10.7%)

Example: A loan of € 8,000 repaid weekly over 4 years would be as follows; 208 weekly payments of € 46.86, including total interest o f € 1743.36, APR 10.73%.

With repayment protection insurance; 208 weekly repayments of € 51.64, including total interest of € 1920.82, APR 10.73%.

Promotional Motor Loans

Rate 7.95% (Typical APR of 8.3%).
Available for new and used (Up to 5 years old) vehicles

Example: A loan of € 10,000 repaid monthly over 5 years would be as follows; 60 monthly repayments of € 205.34, including total interest of € 2116.25, APR 8.25%.

With repayment protection insurance; 60 monthly repayments of € 228.08, including total interest of 2350.62, APR 8.25%.

Educational Loans

Rate 5.95% (Typical APR of 6.2%)
Our educational loans are designed to meet all of your education or training needs.

Example: A loan of € 3,000 repaid weekly over 1 year would be as follows; 52 weekly repayments of € 59.47, including total interest of € 91.50, APR 6.12%.

With repayment protection insurance; 52 weekly repayments of € 62.52, including total interest of € 96.24, APR 6.13%.

Promotional Large Loan

The rate applies if you are borrowing € 15,000 or more
Rate 7.95% (Typical APR of 8.3%)

Example: A loan of € 15,000 repaid monthly over 5 years would be as follows; 60 monthly repayments of € 308, including total interest of € 3174.58, APR 8.25%.

With repayment protection insurance; 60 monthly repayments of € 342.11, including total interest of € 3526.11, APR 8.25%.

Covered / Secured Loan

Security is required.
Rate 6.2% (Typical APR 6.3%).

Example: A loan of € 6,000 repaid weekly over 3 years would be as follows; 156 weekly repayments of € 42.17, including total interest of € 576.66, APR 6.39%.

With repayment protection insurance; 156 weekly repayments of € 45.68, including total interest of € 624.56, APR 6.39%.

Reduced Rate Community Loans

Loans are available for community projects and organisations at a reduced rate.
Rate 5.90% (Typical APR 6.1%).

Example: A loan of € 20,000 repaid quarterly over 5 years would be as follows;20 quarterly repayments of € 1,178.84, including total interest of € 3192.34, APR 6.03%.