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.
- 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
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:
- 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.