Advantages of borrowing from GCU
When you receive a loan from us you will find many advantages in comparison to other institutions:
- The interest rate you pay will be reasonable and interest will be payable on the reducing balance of the loan
- Easy application process and a quick decision
- No Hidden fees
- No Early Redemption Penalties
- Potential to receive a rebate of Interest paid (based on a motion at Gurranabraher Credit Unions AGM)
- Your repayments will be tailored to meet your own personal circumstances
- Your loan will be insured at no direct cost to yourself (Subject to Terms and Conditions*. Certain Limits apply.)
* See our terms and conditions
We're here... every step of the way
The reasons for needing a personal loan are as varied as life itself. For Big Dreams or little day dreams, we can help!
Our personal loan is available for a wide range of purposes. So if you are looking for a holiday loan, wedding loan, home improvement loan or maybe pay for a treat for yourself or someone special, then our personal loan is the perfect choice for you.
- Borrow €3,000 – €40,000
- Great value interest rate – 11.9% APR*)
- Quick loan decision – usually within 24 hours
- Flexible repayment options
- Free loan protection insurance (Terms & Conditions apply)
- No transaction fees or administration charges
- No penalty for early repayment of loan balance
What you need to apply for a Credit Union Loan
To apply for a Loan please provide:
- Proof of Income (most recent payslip or social welfare payments)
- 3 to 6 Months Bank Statements
- ID will be required (Passport or Drivers Licence)
Understanding loans
Before you decide to borrow money, think about how much you can afford and what would happen if your circumstances change. Gurranabraher Credit Union is a responsible lender and as such urges any member to think carefully before entering into any loan agreement. Please go to Consumer Help – for help on what you should consider before taking out a loan.
