LOUGH, STOCK & BARREL LAUNCH – The Lough Credit Union Cork

LOUGH STOCK & BARREL LOANS

Our members have been speaking and we have listened!

Gone are the days where you had to pay higher loan rates on larger loan amounts and here are the days of Lough, Stock & Barrel.

Lough, Stock & Barrel is Cork’s newest loan product at an outstanding rate of 5.95% (6.12% APR) on all new loans between €25,000 – €45,000 with a repayment period between 6 – 12 years.

The loan can be for ANY personal loan purpose and you can even COMBINE loans together. For example, do you need a new car and to pay for your child’s college fees? Why not combine the 2 into a loan with a rate that’s even lower than the banks?

Who Is Eligible?

Everyone! Everyone living, working and studying in our common bond is eligible to become a member of The Lough Credit Union. We really take care of the people of Cork. Also, everyone who is a member can apply straight away! Essentially:

You are eligible for a Lough, Stock & Barrel loan if you:

  • Live in our common bond
  • Work in our common bond
  • Study in our common bond
  • Are a member

And when can you apply?

  • You can apply THE SAME DAY YOU JOIN!

When Will You Hear Back?

Once we have all of the correct information, you should hear back about your loan on the SAME DAY!

New Loans Officers:

With the recent introduction of our new loan officers you can now apply in a confidential space and hear your decision on your loan in the same day. We can get back to you on large loans even faster than the banks – saving you both time and money πŸ™‚

How To Repay?

Members of The Lough Credit Union can repay their loans by:

  • Direct Debit (you can use our online banking)
  • Standing Order

If one of the above does not suit then please just as us and we will do our best to accommodate your preferred method of payment.

Want to Win Some $$$?

Follow our Lough, Stock & Barrel campaign on Facebook and Instagram to join in in our 4 WEEKS OF GIVEAWAYS! #LoughStockAndBarrel

Representative Example of Cork’s Finest Loan:

An 8 year variable interest rate loan of €30,000 with 96 monthly repayments of €396 and an interest rate of 5.95% (6.12% APR) has a total amount payable of €38,016. Information correct as of 22/05/2018. The Lough Credit Union is regulated by The Central Bank of Ireland. Loans are subject to approval. Terms & Conditions apply. If you do not meet 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.

CONTACT US!

If you would like to discuss Cork’s Lough, Stock & Barrel Loan then please pop on in, call us on 021 496 3384 or email us at staff@loughcu.ie

To see our Lough, Stock & Barrel Campaign and to be in with a chance of winning some moolah follow us on our Facebook and Instagram pages.

May Bank Holiday Weekend Opening Hours – The Lough Credit Union

May Bank Holiday Weekend Opening Hours – The Lough Credit UnionΒ Cork

Hi Everyone!

In celebration of May Day and the start of the Irish summer (here’s hoping…) please see our May Bank Holiday opening hours below:

As from the above, we will be CLOSED this coming Monday May 7th.

CU-Online

Don’t fret though, if you are in need of any transactions over the weekend, we are open until 12.30pm on Saturday AND of course have our always accessible CU-Online. Login to CU-Online via your tablet or laptop or login via our app CU-Anywhere for swift access with our fingerprint ID login. You can view balances, transfer funds, apply for loans and most other things you can imagine via our online banking, so we should have you covered πŸ˜‰

Gr8 Savers Week!

In addition to celebrating May Day, next week will be the Irish League of Credit Union’s Gr8 Savers Week!

We will have piggy banks, activity sheets, rainbow pencils and the likes throughout Tuesday – Saturday in order to promote saving to our youngest members.

Promoting savings to the youth of our common bond is extremely important, as a habit of saving at a young age can really encourage our youth to be responsible with their money when they reach adulthood and live their lives happily and comfortably!

Make sure to bring in the young members in your family to join in in the fun πŸ™‚

Enjoy the bank holiday weekend everyone and the sun that comes with it πŸ™‚

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