Benefits
Why Borrow from Palmerstown Credit Union?
Fast Decisions
Fast loan decisions and payouts within 24 hours, once documents are received.
Apply Online Anytime
Submit your loan application quickly and easily from anywhere, anytime.
Upload Documents Securely
Upload your documents safely using our secure, encrypted system.
Investing in Our Community
Every loan you take keeps money working locally, where it matters most.
No Hidden Fees
Clear, transparent pricing with no unexpected charges
Sign Online
Sign documents digitally and receive your funds without paperwork or delays.
Flexible Repayments
Choose repayment plans that suit your budget and financial needs.
Free Loan Protection
Complimentary loan protection insurance for added peace of mind.
Discover our Loans
Find the right loan for you and we'll give you the right support.
Home Improvement
7.99% (8.29% APR)
Thinking of renovating your home?
Whether, it is a small or big project - our home improvement loans are here to help you make your dreams into reality.
Motor Loans
6.99% (7.22% APR)
Our motor loans is available at various rates depending on the type of vehicle you are looking to purchase with our motor loan you own the car from day one. Whether it is a brand new set of wheels, a used car, a classic or an electric/hybrid vehicle.
Holiday Loans
10.4% (10.91% APR)
Are you longing for a week in the sun, planning a city break or going on a dream holiday? Our holiday loans are here for you - borrow up to €75,000 at an interest rate of 10.4% (10.91% APR).
Education Loans
6.99% (7.22% APR)
We have always supported the growth and well-being of our community. Education is essential to this initiative and our Education Loan is aimed to make learning more affordable to our members. That is why we offer a reduce interest rate of 6.99% (7.22% APR).
Green Motor Loans
6.99% (7.22% APR)
In Palmerstown Credit Union we offer members a reduced interest rate for ‘Green Motor Loans. We would highly recommend members considering Green Loans to explore various SEAI grants that can help you reduce the cost.
Green Home Loans
7.99 (8.29% APR)
In Palmerstown Credit Union we offer members a reduced interest rate for ‘Green Home Loans. We would highly recommend members considering Green Loans to explore various SEAI grants that can help you reduce the cost.
Standard Loan
10.4% (10.91% APR)
Our Standard Loan is our most common loan type and is available for all types of expenses both big and small. Have a chat with our team or apply online.
Secure Loan
6.75% (6.98% APR)
A secure loan is fully secured by your shares (savings) in the Credit Union which means that you can borrow funds without having to dip into your hard-earned savings. The secured loan is available at 6.75% (6.98% APR).
Debt Consolidation
10.4% (10.91% APR)
A debt consolidation loan allows you to combine existing debt into one, often cheaper, monthly repayment. For example, if you have various loans, credit cards, ‘buy now, pay later’ and other small debts, a consolidation loan at 10.4% (10.91% APR) can help you get out of debt quicker.
Mortgages
3.85%* (3.90% APRC)
Palmerstown Credit Union is now offering Mortgages to our members. Members can apply for a new mortgage or consider switching their existing mortgage.
*Whilst every care has been made in the production of this web page, the Credit Union, or any of its staff, cannot be held responsible for any omissions, errors or other mistakes made. This web page is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing.
**Terms & Conditions Apply. All Loans are subject to approval. Palmerstown Credit Union Ltd. Is regulated by the Central Bank of Ireland.
How to Apply
Apply for a loan either online or in branch.
Apply Online
You can apply for a loan easily using your smartphone or tablet, allowing you to complete the entire application online.
Apply in Branch
Prefer to talk it through? Apply for a loan by speaking to a member of our staff, or by booking an appointment below.
Prefer to speak to someone?.
Apply for your loan over the phone by calling 01 626 5621 and let our team take care of the rest.
Documents/Useful Links
Documentation Required
Loans Secured by Shares
Proof of ID & Proof of Address must be up-to-date on account.*
*Additional documentation may be requested by the loans officer on a case by case basis.
Loans for PAYE employees
Loans Less than €3,000
- 2 recent payslips ( 1 payslip, if salary evident on bank statement)
- 2 months bank statements
Loans €3,000 - €20,000
- 3 recent payslips ( 1 payslip, if salary evident on bank statement)
- 3 months bank statements
- Verification of Mortgage Repayment (if applicable)
Loans greater than €20,000
- 6 recent payslips ( 1 payslip, if salary evident on bank statement)
- 6 months bank statements
Verification of Mortgage Repayment (if applicable)
Loans for Self-Employed
Loans Less than €3,000
- 2 months bank statements (personal & business if applicable)
- Form 11 / Chapter 4
Loans €3,000 - €20,000
- 3 months bank statements (personal & business if applicable)
Form 11 / Chapter 4) - Tax Clearance Certificate
Most Recent Accounts
Loans greater than €20,000
- 6 months bank statements (personal & business if applicable)
- Form 11 / Chapter 4
- Tax Clearance Certificate
- Most Recent Accounts
Frequently Asked Questions
What You Need To Apply For A Loan
The fastest way to apply for a loan is online through the APP or the website. You can also apply over the phone at (01) 626 5621 or by making an appointment for a time suitable to you.
No. You do not need to save before applying for a loan. We look at your ability to repay and not your savings record or length of membership.
We offer Personal Loans up to €75,000 and Mortgages up to €250,000.
We aim to turnaround our loan applications in 24hrs (subject to Terms & Conditions). To speed up the process, we recommend that members submit all the relevant paperwork along with their application. This can also be done through uploading them through the APP or website or dropping them in the office.
You can also opt to use our Open Banking service that allows us to retrieve your bank statements directly from the bank, hence eliminating the need for printed copies.
Yes. Many members in the credit union apply for a top-up of their existing loan or apply for a new loan before repaying the loan in full.
You can repay your loan by the following methods:
Standing Order
Direct Debit
Online Payments
In Office
Each loan application is reviewed by assessing a number factors, including and not limited to;
- Ability to repay.
- Savings and loan account history.
- We are also required carry out credit checks with the Central Credit Registry (CCR).
Guarantor
In the case where an individual is proposing a guarantor, we must also carry out a similar evaluation of the guarantor’s ability to repay the loan in the event that the member gets into financial difficulty. We do this in order to protect each and every one of our Members’ savings.
We will always encourage members’ who may find themselves in financial difficulty after taking out a loan to engage with us as soon as possible so that we can work with them in coming up with a solution.
Lending Terms & Conditions Apply
