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 🙂
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 $$$?
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.
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 firstname.lastname@example.org