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Spring Car Loan Promotion

Reduced Car Loan Rate this March! 

Whether you’re dreaming of an upgrade, to be free from your PCP or your very first car – for a fair, flexible loan you won’t have to look far. Talk to Mallow Credit Union today about our Spring Sale, where a reduced car loan rate is available from the 2nd – 31st March 2020.

 

How to apply for a Promotional Car Loan?

You can apply online through our online banking facility cuonline+ or over the phone by calling 022 21121. Or call into any one of the 8 branches where a member of the loans team will be happy to talk you through the loan application.

The main Mallow branch’s loan department has recently undergone a refurbishment, and now boasts 3 private loan pods, making the loan application process more comfortable and confidential for members.

 

Use our online loan calculator to see what  you could save and submit an enquiry to us today!

 

How much is a Mallow Credit Union Spring Sale Car loan?

Representative examples:
A Spring Sale Promotional Car Loan of €6,500 would cost approx. €47.06 per week over 3 years. (3-year variable 8.56% APR interest rate loan, total cost of credit (i.e. total amount repayable less the amount borrowed) is €848.82)

 

A Spring Sale Promotional Car Loan of €12,000 would cost approx. €67.76 per week over 4 years. (4-year variable 8.56% APR interest rate loan, total cost of credit (i.e. total amount repayable less the amount borrowed) is 2,108.83)

 

 

What’s different about a credit union car loan?

Imagine – A loan that means you own your car.
Unlike a Hire Purchase agreement or Personal Contract Plan, with a Mallow Credit Union loan you own the car from the outset. There are no hidden fees, additional charges or balloon payments.

 

Imagine – A straight-forward loan, with no sneaky conditions- what you see is what you get.
Mallow Credit Union offers flexible car loans of all sizes. You can pay off your loan early or increase your repayments, all without any penalties.

 

Imagine – A loan from a lender at the heart of your community.

Mallow Credit Union now operate 8 branches across North Cork and West Limerick so if you live or work in or around Mallow, Millstreet, Buttevant, Charleville, Dromcollogher you are eligible to borrow with them. They are not-for-profit and owned by their members, the people who save with and borrow from them. All decisions are taken at local level, in the best interest of all their members.

 

Imagine – A loan with built in insurance, at no cost to you.
This is designed to pay off a loan in the event of a borrower’s death – subject to terms, conditions and eligibility criteria.

 Not a Member? Not a Problem!

If you’re not already a credit union member, why not join Mallow Credit Union today? You’ll find more details on what you need to join on www.mallowcu.ie.

Or if you can’t remember the last time you used your credit union account that’s ok too. We just love to see old friends returning. Just contact us to find out how to reactivate your account.
Loans are subject to approval. Terms and conditions apply. 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. Credit unions in the Republic of Ireland are regulated by the Central Bank of Ireland. Representative examples are for information purposes only, and are not legally binding. You are advised to check with Mallow Credit Union for the most up-to-date cost of credit & terms. Non-promotional car loan rate is 9.5% (9.92% APR).