Tara & District Credit Union Limited, Kilmessan, Dunsany, Co. Meath
046 9025871 taracreditunion@eircom.net
Our credit union is for people, not for profit!


Loans at Tara & District Credit Union Limited

The two most important things about a loan are, being able to borrow the money and being able to repay it. At Tara & District Credit Union Limited we encourage you to manage your money carefully by structuring loans around your needs and your ability to repay. Establish a good savings record by saving regularly so as to build up security for your loan.

  • Some Great Reasons to borrow from Tara & District Credit Union:• •Highly favourable interest rates our Standard Personal Rate 7.9%  (8.2% APR) & Secure Rate 5.9% (6.07% APR)
    • Interest is on the reducing balance and we have one of the best interest rates around.
    • No extra charges – no processing charges or documentation fees.
    • No penalties for early settlement – pay off your loan early without being penalised.
    • Quick decisions – on almost all applications.
    • Free loan protection insurance i.e. in the event of your death your loan will be cleared in full*.
    • Personalised application process – every loan application is considered on a case by case basis. We take your individual circumstances into account and assess your overall situation.
    Terms & Conditions apply to all Loans

    Click on any section below to expand view

    • There are no hidden fees or transaction charges
    • Our interest rates are fair and reasonable compared to others in the market
    • Repayments are calculated on your reducing balance, so you pay less interest with each repayment
    • Your credit union loan is insured - subject to terms and conditions - at no direct cost to you. Other lenders charge for this
    • You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, without a penalty. Other lenders may charge you extra for paying them back faster!

    Our Standard Loan rate is 7.9%  (8.20% APR) which is very favourable and competitive compared to other financial providers – compare us to other financial service providers and you will see that you get a great deal at Tara & District Credit Union Limited.

    €1000.00 repaid over 52 weekly installments as per the terms of the contract

    Only cost €40.64 in interest for the year

    €1000.00 repaid over 52 weekly installments as per the terms of the contract
    Only cost €30.82 in interest for the year

    In some cases a guarantor may be required where the person seeking the loan may not have sufficient means to secure the loan on their own. If you sign as a guarantor this means that you are agreeing to pay the borrower’s Credit Union debt if they default on the loan.

    You have to be a member of Tara & District Credit Union Limited.

    When you choose to borrow from Tara & District Credit Union Limited, you must complete a Loan application form either over the phone or call into the office.
    As part of the Lending Compliance you will be required to provide documentation as listed below.
    Once your application has been approved, you will be required to call into the office and complete a Credit Agreement.
    A Credit Agreement, once signed, is a legally binding contract between you the member taking out a loan and Tara & District Credit Union Limited.
    This agreement contains the terms and conditions under which the loan will be issued and under which it must be repaid by the member.
    By signing the Credit Agreement, you the member agrees to be bound by its terms and conditions.

    Lending Compliance as of 1st January 2014
    In order to process Loan applications the following documentation is required:

    • Credit Bureau Report (ICB) www.icb.ie
    • Current Personal Bank Statements for the previous 3 months
    • Income Certification – Payslips, Pension/Social Welfare slips etc
    • Current Mortgage Statements from Lender
    • Self-employed to provide current yearly accounts from their Accountants.
    • Other additional information/documentation may be required in order to process loan application
    • If you have an existing loan it must be arrears free

    Loans seeking approval, are subject to our lending criteria, (Terms & Conditions apply)

    Should any borrowing member find themselves in difficulty due to some unforeseen circumstances you should immediately contact the Credit Control Officer or Manager . Arrangements can be made to avoid the account going into arrears and protect your good credit record. This is very important as arrears on an existing loan can cause problems if a member applies for further loans. Members in difficulty will be treated sympathetically but the onus rests with member to make early contact with Tara & District Credit Union Limited. These Loans are other members savings, we as a Credit Union have at all times an obligation to protect members savings, and ensure they get rewards for saving with us.

    Terms & Conditions Apply
    * All figures given on this web site are for your general information only, and give a rough guide to loan repayments. Any statements on this web site do not purport to be authoritative or legally binding. We would advise you to check with our office for real-time rates and offers.

    Types of loans available:
    Amount you'd like to borrow (€)
    Repayment term:
    For how long (years):


    Each repayment will be:
    Your total repayment will be:
    The total interest will be:

    Whilst every care has been made in the production of this information, it is for illustrative purposes only and to give you an overview of the potential cost of borrowing at Tara & District Credit Union. It does not constitute a loan offer. This document is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing and does not constitute an offer of finance or repayments.