Back to School Loans
Can we help?
Back to School is becoming a bigger expense these days!
With buying uniforms, books, iPads and supplies it is easy to see how the costs can add up! At Core Credit Union, we are here to help relieve your stresses with our ‘Back to School Loan’.
Core Credit Union College loans are unique, there are no admin charges, hidden fees or transaction charges.
We offer loans up to the value of €25,000 which you can draw down in stages annually or bi-annual over 5 years at a reduced interest of 6.5% p.a. variable (6.7% APR). Loans can be paid back over 8 years and can be granted to students with their parent/guardian as a guarantor or to the parents of students.
You can pay off your loan early, make additional lump sum repayments or increase your regular repayments without penalty. Your loan with us is insured in the event of your death or total and permanent disability.
For more about Core Credit Union Loans or to apply;
What makes Core Credit Union loans different:
- No hidden fees or transaction charges.
- Interest rates are fair and reasonable and capped by law.
- Interest is calculated on your reducing balance, so you pay less interest with each repayment.
- Repayment terms can be designed around your needs.
- Loans are insured – subject to terms and conditions – at no direct cost to you. Other lenders charge for this.
- You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, without a penalty. Other lenders may charge you extra for paying them back faster.