What can I borrow for?
7.99 (8.29% APR)
If you are unsure if your planned project will fall under the ‘Green Home Loan’ category, have a chat with our team to find out more and if it is eligible. Generally any project that has an impact on your BER (Building Energy Rating) will be considered as a Green Home Improvement. *
SEAI Grants:
It is worth looking into SEAI grants for your project as this can decrease the overall cost of your home improvement.
To find out more about the grants, you can click this link.
Calculate your RepaymentDiscover our Loans
We have the right loan to suit you!
Maximum Loan Term :
This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.
Rep. Example for Green Home Improvement Loan
Loan amount
€30,000
Interest rate - APR
8.29% APR
Loan term
7 Years
Monthly
€467
Weekly
€108
Interest
€9,265
Need more Information?
contact our lending team by email loans@palmerstowncu.ie or by phone at 01 626 5621.
Warning - if you do not meet your repayment, your account can go into arrears. This may affect your ability to take a loan in future.
Warning - Loans are subject to T&C's.
Palmerstown Credit Union is regulated by the Central Bank of ireland. (79CU)
SEAI Report
The best way to find out what improvements can be made to save energy in your home is through a Home Energy Upgrade Advisory Report from a professional SEAI registered advisor. This report will provide recommendations on energy upgrades and help to guide you in the right direction.
An assessment would typically cost about €150 for an apartment and somewhere between €200 - €300 for a standard house or semi-detached house. If you are unsure where to start, contact us and we can guide you in the right direction.
You can see some examples
Frequently Asked Questions
Everything you need to know
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
Ready to Apply?
To ensure a smooth application process, we’ll ask for:
- 3 most recent payslips
- Proof of any other household income
- Bank statements for the past 3 months
NOTE: Additional documentation may be requested depending on your circumstances.
Once your application and supporting documents are submitted, one of our team members will get back to you as soon as possible with an update.
Apply Now
How to Apply
Apply for a loan either online or in branch.
Let’s Talk About Your Goals!
Our friendly team is here to help you with any inquiries you may have.
