Christmas. It’s the most wonderful time of the year. That is if you’re not stressed that the cost of it all will financially wipe you out for most of the New Year. If you’re usually down to your last few euro by the end of the month, then the thought of the additional December bills probably has you coming out in a cold sweat. If you’re thinking about a loan to help you through the festive season, make sure you’re getting the most affordable loan you can. And one that is flexible and stress-free.
You should definitely not reach for the credit card, store credit, or even worse, moneylenders/payday loan companies for your Christmas loan. Not only are they far from affordable but the terms and conditions can be complicated and very inflexible.
So then, where should you go for the most affordable Christmas loan this Yuletide?
If it’s a flexible, straightforward, ethical and affordable Christmas loan you want, then Carrickmacross Credit Union Ltd. should be your first stop.
Affordable Christmas Loan Rates
Our Special Christmas Loan is available at the low rate of 5.99% (6.15% APR). When you compare this with credit card interest rates, between 13% and 23% in Ireland, it’s a no brainer. Or, if you choose to use store credit, the interest charged would be even higher. For example, one major, online department store charges a whopping interest 39.9% APR. Not what you want when you’re trying to get in the festive mood.
Stress-free Christmas Loan
Aside from offering very affordable Christmas loans, Carrickmacross Credit Union Ltd. also provides one of the most stress-free loans you can get. This is because we are very flexible. The loan repayments won’t be dictated by the credit union, but will be worked out with you. Your loan officer will discuss with you how much you can afford to pay back per week or per month. If at any time you find the repayments are too much for you, there won’t be a problem. Simply contact your loan officer and they will work out a repayment schedule that will suit your financial circumstances a little better.
On the other hand, if you want to pay back the loan earlier than scheduled, there is no issue with this either. And you will never be charged any penalty fee for doing so.
Better than a Moneylender
A Christmas loan from us is always a better idea than a moneylender or payday loan company. With us you will be getting an affordable Christmas loan. But with a moneylender, you can be charged interest rates as high as 288% in the Republic of Ireland.* And that’s just the rates that can be charged by the licenced moneylenders. (Those regulated by the Central Bank of Ireland). Unlicensed moneylenders could be charging much higher.
So, if you’re looking for an affordable Christmas loan, there really couldn’t be a better, friendlier place to go this festive season than Carrickmacross Credit Union Ltd.
WARNING: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future.
Terms & Conditions apply. Carrickmacross Credit Union Ltd. is Regulated by the Central Bank of Ireland.Reg. No CU 141