Can you afford to throw your money away?
Why would you pay hundreds and thousands more to your bank for borrowing money when you can borrow from YOUR CREDIT UNION? It’s a No Brainer when you look at the attached cost comparison of personal loans taken from the National Consumer Agencies’ website www.itsyourmoney.ie which clearly shows how much money you can save by borrowing from Tipperary Credit Union. At Tipperary Credit Union we pride ourselves on saving you money.
| Lender | Apr | Monthly Repayment | Cost of Credit | Savings with Tipperary CU |
| Tipperary Credit Union | 9.9% | €263.03 | €156.61 | - |
| AIB | 14.21% | €268.46 | €221.52 | €64.91 |
| PTSB | 14.0% | €268.20 | €218.37 | €61.76 |
| Bank of Ireland | 14.8% | €269.19 | €230.33 | €73.72 |
| Comparative data is correct as at 09/11/2011. Source itsyourmoney.ie | ||||
| Lender | Apr | Monthly Repayment | Cost of Credit | Savings with Tipperary CU |
| Tipperary Credit Union | 9.9% | €416.31 | €1994.30 | - |
| AIB | 11.91% | €427.49 | €2,389.49 | €395.19 |
| PTSB | 12.0% | €427.99 | €2,407,53 | €413.23 |
| Bank of Ireland | 13.2% | €434.67 | €2,647,.96 | €653.66 |
| Comparative data is correct as at 09/11/2011. Source itsyourmoney.ie | ||||
| Lender | Apr | Monthly Repayment | Cost of Credit | Savings with Tipperary CU |
| Tipperary Credit Union | 9.9% | €461.81 | €5,726.82 | - |
| AIB | 10.7% | €469.70 | €6,181.74 | €454.92 |
| PTSB | 12.0% | €482.59 | €6,955.12 | €1,228.30 |
| Bank of Ireland | 12.5% | €487.56 | €7,253.59 | €1,526.77 |
| Comparative data is correct as at 09/11/2011. Source itsyourmoney.ie | ||||
source: www.itsyourmoney.ie
The calculations shown above provide indicative estimates of repayments and cost of credit amounts only. Banks apply APR calculations in various ways. For comparison purposes, the NCA has adopted a standard approach across all institutions, meaning that slight variations may arise. You should always check directly with a provider to confirm the final repayment values applicable before selecting a financial product.
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