Loan rate sale at St Canice’s Credit Union in Kilkenny

Mary Cody

Reporter:

Mary Cody

Email:

mary.cody@kilkennypeople.ie

Loan rate sale at St Canice’s Credit Union in Kilkenny

St. Canice’s Credit Union have announced a major loan interest rate sale for large value loans between €25,000 and €50,000 for a four month period only for all larger loan applications made up to the end of March.
This will appeal to people who are thinking of doing up their home, buying a new car or maybe it make sense to switch their existing bank loan to their local Credit Union.
There is a 2% drop in the interest rate, dropping from 8.2% (APR 8.5%) to 6.2% (APR6.38%) for all loans from €25,000 up to €50,000. The loan term available is between five to ten years and interest is still calculated on the reducing loan balance. As with all credit nnion loans there remains no administration fees or hidden charges.
People have the flexibility to pay off lump sums or clear the loan early without penalty. Loan Interest CashBack, if available, will apply to this loan at the end of the financial year; further reducing the already great rate on the loan.