Loan FAQs

How do I apply for a loan at Premier Credit Union?

To apply for a loan at Premier Credit Union you can visit us in branch, apply over the phone at 050491700 or apply through app / website.

What types of loans does Premier Credit Union offer?

Premier Credit Union offers a range of loan products to meet your needs, including personal loans, agri loans, car loans, home improvement loans, education loans, and loans for other purposes. You can explore the details of each loan type on our website.

What are the eligibility criteria for a loan?

To be eligible for a loan at Premier Credit Union, you must be a member of our credit union. If you're not already a member, you can easily join by completing the membership application on our website. Additionally, you may need to provide proof of income and bank statements.

How much can I borrow?

The loan amount you can borrow depends on your repayment capacity and the purpose of the loan. We assess each application individually to determine the maximum loan amount you're eligible for.

What are the interest rates on loans?

Our loan interest rates are competitive and vary depending on the type of loan you choose. For the most up-to-date information on interest rates, please refer to the Loan Rates section on our website.

Can I estimate my loan repayments?

Yes, you can use our online Loan Calculator to estimate your loan repayments. Simply enter the loan amount, term, and interest rate, and the calculator will provide an estimate of your monthly repayments.

Can I make extra repayments or pay off my loan early?

Yes, at Premier Credit Union, we encourage responsible borrowing and offer flexibility with loan repayments. You can make extra repayments or pay off your loan early without incurring any penalties.

How long does it take to get a loan approved?

Our loan approval process is efficient, and we strive to provide quick decisions. In many cases, you will receive a loan decision within one to two business days.

How much do I need to apply for a loan?

There is no set amount of funds needed to apply for a loan at Premier Credit Union. Your application is assessed on your capacity to meet the required repayments.

Do I need to come into a physical branch to collect my loan?

No. At Premier Credit Union we offer a digital document signing facility through DocuSign, meaning that if your loan has been approved you can digitally sign all the required documentation and the funds can be directly transferred into a designated bank account.

I can’t upload my documentation?

If you are having trouble uploading the required documentation on our website, you can email your documents directly to loans@premiercu.ie