Withdraw-Spend-Repay

Credit Limit up to €8,000

Interest Rate of ONLY 10.4%

1,2 and 3 year terms available.

Withdraw – Spend – Repay

No Annual Maintenance Fees or Charges

Expert Advice

What is Revolving Credit ?

  • Revolving credit is our new facility which allows you to apply for a credit limit up to a set limit of €8,000.
  • It is different from a standard loan in that the repayments made replenish the amount available for you to spend. Therefore its a credit that can be used repeatedly up to a certain limit. A normal loan cant be used again after its paid off.
  • You apply once. If approved you can borrow funds easily up to your credit limit as required. No additional application process.
  • Interest is charged on the outstanding loan balance only, not the entire credit limit. No separate annual facility charge.
  • Repay your regular monthly payment as required – this decreases your balance and increases your available funds.
  • Revolving Credit is similar to a credit card or overdraft whereby you can borrow up to your limit on a continuous basis but with no annual charge.

SAVE MONEY by switching to our Revolving Credit.

  • Revolving credit works the same as both a credit card and an overdraft facility but at a cheaper cost. Whiles mosts credit cards and overdrafts charge an interest rate of anywhere between 12% and 22% (credit cards being the more expensive of the two)our Revolving Credit Facility only charges 10.4% interest.
  • Credit cards and overdrafts charge an annual fee.With credit cards your typically charged during the same month that you sign up for the card and then every 12 months after that. With revolving credit there is no annual fee.
  • Like both credit cards and overdraft facilities, revolving credit also gives you  instant access to funds.  It can be used for unexpected expenses such as vet bills, dental costs or car repairs aswell as ongoing expenses such as home & car insurance,heating bills or any ongoing yearly expenses.Any repayments made to any of these lines of credit replenishes the amount of available funds.
  • By switching today you are getting the same benefits as your current credit card or overdraft provider but your saving money.

What is needed to apply?

  • Proof of Identification i.e Passport or Drivers license.
  • Bank Statements may be required.
  • Proof of Income
Once approved no additional paperwork or application forms required.

In-Branch

Call to any of our branches at any time to apply for a loan, there is no need to make an appointment. One of our dedicated Lending team will talk you through the application process.

Over the Phone

Call our free phone number 1800 62 22 62 and we will take your application over the phone.

Email

Send us an email to info@tipperarycu.ie and a member of our team will contact you and take your loan application.

WARNING

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.

WARNING

Loans are subject to approval. Terms & Conditions apply. Tipperary Credit Union Limited is regulated by the Central Bank of Ireland.