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The two most important things about a loan are, being able to borrow the money and being able to repay it. At Ballinasloe Credit Union we encourage you to manage your money carefully by structuring loans around your needs and your ability to repay.

Why a Ballinasloe Credit Union Loan is different;

  • 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!

Applying for loan with BCU just got easier; Loan Application Packs are available at the counter and online so you can fill in the application form in the comfort of your own home/ workplace.

Give as much detail as possible and sign where indicated on the form. Return the completed form to BCU with the appropriate paperwork and we will take care of the rest. To assist with your application a Loan Repayment Calculator is available on the credit union website.