With savvy consumers on the hunt for the best deals, it’s no surprise that a large number of our members will book their annual holiday early on in the year. Planning a budget as early as possible is just as important as booking early to keep spending in check. Even with planning ahead and budgeting, many households are still likely to need a little extra assistance to fund their break.
We are very conscious of ensuring that our credit union members are availing of the best value possible when they decide to take a well-earned holiday. We would encourage anyone in the area planning on booking a holiday to have a chat with us about our Personal Loan*, which we offer at an affordable APR rate (9.92%) and which does not carry any hidden admin fees. We have a flexible approach and we are happy to structure repayments in a way that works best for our members, which means there is no financial stress involved in planning their holiday, and they can focus on relaxing.
As well as this, our members are free to pay off their loan early, make additional lump sum repayments or increase their regular repayments all without a penalty. We are happy to accept loan applications from all members – those we see every day, those we may not have used their account in years, as well as those who have only just become members.
Remember, at Mallow Credit Union, you are more than just a customer, you are a valued member and you will always be our number one priority.
*For a €2,500, 1 year variable interest rate loan with 52 weekly repayments of €50.55, an interest Rate of 9.5%, a representative APR of 9.92%, the interest payable is €128.43.
The total amount payable by the member is €2,628.43. Information correct as at 20/12/2019.