Unlike other finance options such as hire purchase or personal contract plans, with a credit union car loan, you own the car from day one. It’s yours to do with as you please! With our new low APR of APR 6.92%, there has never been a better time to get that car you wanted.
• You own it
Unlike other finance options such as hire purchase or personal contract plans (PCP), with a Credit Union car loan, you own the car from day one!
• No sneaky fees
There are no administration charges, hidden fees and no balloon payments, only payment terms as agreed by you and Credit Union at the time of application
• Flexible repayment terms
You can pay off your car loan early, make additional lump sum repayments or increase your regular repayments, without a penalty
• Competitive terms
As well as offering very competitive car loan rates, we do not seek large down payment amounts, loan will be subject to all normal documentation & criteria being met
• Free Loan Protection Cover
The credit union has taken out, at no extra cost to you, a loan protection insurance policy to protect and provide you with added peace of mind when you borrow. This free life assurance cover is unique to credit
Normal terms and conditions will apply
For a €10,000, 3 year variable loan with monthly repayments of €307.40 and an interest rate of 6.7% (APR 6.92%), the total amount repayable will be €11,065.21. Loans are subject to approval. Terms & Conditions apply. 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. Donegal Town Credit Union Limited is regulated by the Central Bank of Ireland.