Cost Comparison

Naas Credit Union: Still topping the table for delivering real value to Members

 


Loan 1 based on €3,500 over 12 months

 


Loan 2 based on €13,000 over 36 months

 


Loan 3 based on €22,000 over 60 months

 

Lender

APR

Monthly Repayments

APR

Monthly Repayments

APR

Monthly Repayments

Naas CU

9.83%

€306.91

8.54%

€408.59

8.54%

€448.73

AIB

14.21%

€313.20

11.91%

€427.49

10.70%

€469.70

PTSB

14.00%

€312.93

12.00%

€428.07

12.00%

€482.73

Bank of Ireland

14.80%

€314.06

13.20%

€434.67

12.50%

€487.56

Ulster Bank

14.3% (Fixed)

€313.33

11.90% (Fixed)

€427.43

11.9% (Fixed)

€481.35

Rates are correct as at 03/Feb/2012, source www.itsyourmoney.ie.

A member borrowing from Naas Credit Union, will save the following amounts compared to our nearest competitor

Loan 1: €83.33
Loan 2: €705.48
Loan 3: €1,334.75

We commit to our members to deal with them in an equitable and confidential manner. An individuals application will be judged on their own merits, with the Credit Union taking an objective and fair view.

What are the benefits of borrowing from Naas Credit Union?

  • Interest is charged on the reducing balance of the loan, that way you pay less interest as the loan decreases.
  • No “Hidden Costs” There are no documentation, completion or other arrangement fees.
  • No penalties for early loan repayment.
  • Free Loan Protection Insurance –your loan is paid off in the event of your death or permanent disability (Terms and conditions apply).
  • We can support flexible repayment options, additional repayments can be made at any time to your loan without penalty.
  • We are not affected by the European Central Bank rate, so unlike many other institutions, there is no need to worry about the ECB interest rate increases with the Credit Union.
  • Competitive Repayment Protection Insurance product is available.
  • Top up loans are available.
To enquire further click here

To download a manual loan application form please click here.