Loan Application Process
Become a Member
Join Connect Credit Union and avail of numerous tailored benefits, outstanding customer service and amazing community
Calculate your Loan
Estimate how much you could borrow and calculate your repayments: weekly, fortnightly, or monthly using our online calculator
Apply for a Loan Online
Apply for your loan from the comfort of your home with our new online loan application. Upload all your loan documents through our mobile app - no paper no stress!
Sit back and relax
Voilá! You are done! Our team are now reviewing your application, we will be in touch shortly to confirm your loan application.
Loan Calculator
Maximum Loan Term :
5.11%
5.11%
5.11%
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.
What do I need to apply?
We require some or all of the following information to accompany Loan Applications ie:
- 3 Most recent Pay Slips
- Previous 3 months Banks Statements
- Photo ID
- You must have the loan balance in your savings Account!
Representative Example
A representative example is a term used in financial regulations. The example will help to show you the typical costs associated with a loan for a certain amount.
Loan Amount€5,000 | Loan Term4 years | Monthly Repayment€115 |
Rate of Interest - APR5.11% | Total Interest€516 | Total Cost of Credit€5,516 |
Features & Benefits
Many financial institutions do not offer loans under €1000, so come to us for the amount you want to borrow
Competitive interest rates
No balloon payments
No hidden charges. No administration fees.
Free Loan Insurance for eligible members
Repayments to suit you - weekly, fortnightly, or monthly
Ready to Apply?
Are you ready to apply or do you need more information on our affordable loans? Click the "Apply Now" button to start your journey right now or click the "Contact Us" button to send us a message if you are unsure about your documentation, or still have other questions. Also, you can book an appointment and apply for a loan in person.
Apply Now Contact Us Loan AppointmentSecured By Savings FAQs
A Secured by Savings Loan is a loan where you borrow up to the amount you have in your savings account, and your savings act as security against the loan.
Anyone who is a member of Connect Credit Union.
Loan amounts and terms vary depending on your needs and eligibility. This can be agreed at application and tailored to your repayment ability.
Once you take the loan, the amount of savings you’ve pledged as collateral is held and not withdrawable until you reduce the loan balance. As you repay the loan, your savings are released gradually in the same proportion.
Yes — you can make lump sum repayments or pay the full loan early without penalty, which reduces the total interest paid
Processing time varies depending on documentation and loan type, but you can start the process instantly online and the team will review your application shortly after submission.
