Our Loans

Our Loans

Education Loan 6%

Whether you're beginning your education journey or advancing your skills, we offer highly competitive interest rates!

Interest rate

6% (6.17% APR)

Minimum amount

€100

Maximum amount

€100,000

Top-up

Available

Maximum term

up to 10 years (subject to loan purpose)

Repayment frequency

Weekly, Fortnightly or Monthly

Apply Now Terms & Conditions

Loan Calculator

Apply for a loan with interest rates that suit you!

Max Loan Amount :
Max Loan Term :


Required Loan Term

Repayments
APR
6.17%
Repayments
Total
Total Cost
APR
6.17%
Repayments
Total
Total Cost
APR
6.17%
Repayments
Total
Total Cost
APR
6.17%
Repayments
Total
Total Cost

This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.

Representative example:

Loan amount

€10,000

Loan term

120 months

Monthly repayment

€111

Interest rate - APR

6.17%

Total interest

€3,323

Total cost of credit

€13,323

Our Education Loan category covers a variety of purposes:

  • Primary and secondary school expense
  • Members pursuing post-secondary education
  • Mature students pursuing further education
  • Members in paid employment pursuing further education
  • Members pursuing on-line studies
  • Members who are retraining or up-skilling

There is no minimum amount of pledged shares/collateral required, however, Nenagh Credit Union reserve the right to request collateral/ pledged shares on a case by case basis as required.

Ready to apply?

At Nenagh Credit Union, we're committed to helping our members access credit, empowering them to improve their lives.