Tel: (01) 7031328 Fax: (01) 7031344

09 September 2010
Citybus Loans

Applying for a loan with Citybus couldn't be easier!

Buying a new car, going on holiday, doing some home improvements?

We offer all our members competitive, low cost loans.
And we also offer a quick and easy application process!

You can apply for your loan in any number of ways;
By calling into the office, via the website or by phoning (01) 7031328
Alternitavely you can contact your local garage rep.

Lending terms and conditions apply.

PLEASE NOTE:

If you apply for a loan online and you don not receive a reply from us confirming that we have received the application, it is advisable to contact the office to ensure your application has been processed.

Thank you.

Benefits of borrowing with CityBus Employee's CU.

Our current interest rate is 10.75% and this is charged on the
reducing loan balance. i.e; you only pay interest on what you owe.
Therefore the quicker you pay your loan back the less interset you will pay!

  • Unlike most financial institutions, there are NO PENALTIES if you choose to pay back your loan earlier than agreed. You can also pay lump sums over the counter at any time.
  • As a Credit Union, we offer our members free Loan Protection Insurance.
    This means that in the event of your death or if you suffer a disabiltiy, your loan will be paid back in full. Most financial institutions charge extra for this service, we offer it free of charge to all our members, automatically.
  • We offer a simple and efficient loan application service, for more information please don't hesitate to contact the office!

 

Example of Loan Repayments
1 Year 2 Years 3 Years 4 Years 5 Years
€1,000 €20.31 €10.70
€2,000 €40.61 €21.39 €15.01
€5,000 €101.61 €53.47 €37.52 €29.59 €24.82

€10,000

€203.01 €106.94 €75.04 €60.11 €49.74

€12,000

€243.61 €128.33 €90.05 €72.13 €59.69

€15,000

€304.51 €160.41 €112.56 €90.17 €74.61

€20,000

€406.02 €213.88 €150.08 €120.22 €99.47
Repaymemts calculated including interest.

ClickDownload Loan Application Form (174.6kb)

When applying for a loan, the Credit Union strongly recommends making a realistic repayment option, as if you are not in a postion to keep up high repayments you will need to apply to the Board to reduce them, affecting future loan applications for up to a year.

Please contact any staff member for advice on repayments.

If you are having trouble repaying a Credit Union loan, please contact the Office as soon as possibe so we can help you to establish a new repayment plan.
Please don't ignore the situation as we are here to help and are only too happy to!