car loan – special rate
Car Loan Special Rate Loan : Interest rate of 7.9% (8.2% APR)
If you are borrowing at least €10,000 to buy a car, this great interest rate is available. Maximum term is 7 years.
Proof of purchase and payment by Direct Debit or Payroll deduction are also required. This loan is much more flexible than a Hire Purchase agreement and gives you freedom to negotiate the best deal without being tied to one garage. Unlike a Hire Purchase agreement, with a Credit Union loan you own the car straight away.
Example: A €10,000 Loan payable over 5 Years at just €202.30 per Month, at an Interest rate of 7.9% (8.2% APR)*. The total Cost of Credit is €2,131.79.”
Warning: 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.
*APR = Annual Percentage Rate.
**Free Loan Protection is subject to terms and conditions.
Loans are subject to approval, terms and conditions apply.
Capital Credit Union is regulated by the Central Bank of Ireland.