Why Borrow With Us?

Why Borrow With Us?

 

There are many reasons to borrow with us; here are just some:

 

  • Great value interest rates
  • Quick loan decision – usually within 24 hours
  • High loan approval rating – over 98%
  • Flexible repayment options
  • Free loan protection insurance for eligible members
  • No transaction fees or administration charges
  • No penalty for early repayment of loan balance

 

You don’t need to build up savings to apply for a loan.

 

With Capital Credit Union, the amount you can borrow is based on your ability to repay, not just your savings. We consider your income and commitments when assessing a loan application.

 

Remember:

 

  • We are not for profit, we put people first
  • We are owned and controlled by our members
  • We are with you for life, every step of the way
It’s easy to apply for a loan

You can apply online, by phone or in branch. We provide 24/7 website access, a dedicated phone-a-loan service and a choice of several branches across south Dublin.

 

Irish Credit Bureau

We are a member of the Irish Credit Bureau (ICB). This enables us to make faster decisions on loan applications and help our members avoid becoming over indebted. When you apply for a loan from us, you will be asked to consent to a data disclosure statement which authorises us to run a credit enquiry and register your details with the ICB.

 

Central Credit Register

 

The Central Credit Register (CCR) is a national database that, on request, provides:

 

  • A borrower with an individual credit report detailing their credit agreements
  • A lender with comprehensive information to help with credit assessment
  • The Central Bank with better insights into national trends in the provision of credit

 

The Credit Reporting Act 2013 requires us to process a member’s personal and credit information and submit it to the CCR. The information includes:

 

  • Address
  • Date of birth
  • Personal Public Service Number (PPSN)

 

The CCR needs this information to make sure it accurately matches member loans, including loans that members may have with other financial institutions. Producing a full and accurate credit report is one of the main aims of the CCR. We also submit credit information each month about member loans where the balance is more than €500.

 

Download A consumer guide to the Central Credit Register