Some great reasons to borrow from Tara & District Credit Unions
How to Apply for a Loan
Applying for a loan is easy!
Our Loans at a Glance
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.
Standard Loan
7.9% (8.2% APR)
Borrow up to €75,000 repaid over a maximum of 10 years, with our Standard Loan we can help make your dreams a reality. Whether you are planning to complete home Improvements, planning a wedding, or buying a new car.
Secured Loan
5.9% (6.06% APR)
Borrow up to €30,000 over a maximum of 10 years. Borrow up to the amount you have in shares at our lowest interest rate of 5.9%
Education Loan
5.9% (6.06% APR)
Borrow up to €10,000 repaid over 5 years. Heading to college for the first time or returning for another year? We can help with all expenses related to your studies such as course fees, accommodation, travel and more.
Green Loan
6.9% (7.19% APR)
Borrow up to €75,000 repaid up to a maximum of 10 years. Our green rate of 7.19% is for members that plan to reduce their carbon footprint and Go Green. Members can use this for a range of projects including insulation, solar panels, energy efficient windows and doors or full deep retrofit projects.
First Time TDCU Borrower Loan
6.9%(7.19% APR)
Borrow up to €10,000 repaid over 5 years. We are delighted to offer our Welcome Loan to first-time borrowers who are new or existing members of Tara & District Credit Union. Our Welcome Loan can be used for any occasion. From the perfect Wedding Day to the arrival of a new Little one or from the holiday of a lifetime to an extra special Christmas.
One Year Loan
5.9%(6.06% APR)
Borrow up to €3,000 repaid over 1 year. Sometimes you need short-term finance for life’s little expenses. Why not consider a low-interest rate loan for things like back-to-school expenses, events, holidays, car tax/insurance, health and dental expenses, home appliances.
Calculate the numbers yourself!
Maximum Loan Term :
8.2%
8.2%
8.2%
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.
In order to process Loan applications the following documentation is mandatory in meeting the Credit Unions regulatory obligations.
- Running of a Central Credit Register report for loans applications grossing €500 or more.
- The CJA 2010 requires the Credit Union to have in-date Photographic Identification (Ex. Garda Age Card) and Proof of Address documentation dated within the previous 3 months.(Ex. Tara & District Credit Union Statement) on file.
- Verification of your PPSN number (Ex. Public Services Card) on file
- Current Personal Bank Statements for the previous 3 months
- Income Certification - Payslips, Pension/Social Welfare slips, etc.
- Current Mortgage Statement 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.
Documentation required
Members of Tara & District Credit Union can apply for a loan by completing a loan application form online or by calling into our office.
- 3 months of most recent bank statements
- Last 3 payslips
- Most recent audited set of accounts
- Tax clearance certificate
- Form 11
- Last 3 months bank statements - Personal and business (if applicable)
- 3 most recent bank statements for all accounts
- 3 recent collection receipts or if payment is made directly to your bank account, bank statements are sufficient.
- Green Loan - Estimates of work, invoices or proof of car being purchased.
- Student Loans - Proof of attendance
- Revolut statements
- If we do not already have the following on file, we will request them at loan application stage.
Passport or Drivers license (in date)
Proof of your current address(utility bill, bank statement) dated within six months of the loan application.
Proof of PPSN
