Trip to New York
from €30.49 per week
Whatever it is you dream about – taking that holiday, buying a new car, getting a new kitchen or something else entirely – you can make it happen with a Personal Loan from Member First Credit Union.
on your MFCU Personal Loan
|MONTHLY REPAYMENTS (5 years)||€108.69||€760.81|
|TOTAL COST OF CREDIT||€6,521.23||€45,648.62|
for an MFCU Personal loan
You must be a registered MFCU member to apply for a loan with us. We welcome any new members that live, work or study within our common bond to join our North Dublin credit union today.
Yes, an MFCU Personal Loan is considerate unsecured borrowing. What does this mean? In short, we allow you to borrow at this rate without having to provide us with collateral or security in case you can’t pay back the loan.
You can use a MFCU Personal Loan for almost anything you need to borrow for. Whether that be to pay for a holiday, to fund a wedding, or for something else entirely – you can make it happen with a Personal Loan from Member First Credit Union.
At Member First Credit Union, loan approval is solely based on your ability to repay a loan. There is no limit to the amount you can borrow based on your savings. With each application, we take into consideration your income and outgoings, and base your ability to repay the loan on these figures. The maximum Personal Loan amount is €75,000.
You can join Member First Credit Union and apply for a loan straight away. As your ability to repay is a deciding factor, establishing a savings pattern with Member First Credit Union is recommended. However we will also take into account proof of savings with other financial institutions. If you are unsure, it’s best to apply for a loan, and we can advise you as to your options. We also a great-value Welcome Loan rate for first-time borrowers with MFCU! Check it out at the link below:
Yes, if you have no savings or loan history with us, but you are saving regularly with any other financial institution this will be taken into consideration when assessing a loan application.
A secured loan uses security or collateral to support the loan (like a mortgage), while unsecured loans do not attach collateral to the debt. For instance, with the MFCU Covered Loan, members can borrow at a signifcantly reduced interest rate as the loan is secured by their savings with us.
The higher the interest rate, the more you’ll pay.
The higher the amount, the bigger the cost overall.
We offer a reduced interest rate on our Covered Loan, but also promotional rates on our Home Improvement, Education and Car Loans.
Interest rates vary across lending providers. With MFCU, we provide great-value loan rates with flexible repayment options to suit the needs of our members.
Lending criteria, terms and conditions apply.
Member First Credit Union is regulated by the Central Bank of Ireland.
WARNING: If you do not meet the repayments on your loan, your account will go into arrears.
This may affect your credit rating, which may limit your ability to access credit in the future.