Great value loans
Interest calculated on reducing loan balance
Over €38 million
Borrowed by members last year
Loan approval rate
Simple loan process
Quick turnaround on standard loans
Credit Union Student Loan
Third-level education isn’t getting any cheaper, but we’re smart enough to know an investment in your college career is a trickle-down investment in our whole community. We’re masters at tailoring student loans!
Apply for a Credit Union Student Loan today or work out an affordable repayment plan with our handy Loan Calculator.
We also do fee-free student current accounts to – find out more
Why choose a CLCU student loan
- Low 6% (6.17% APR) interest rate
- No set-up fees or hidden charges
- Tailor the loan to suit your repayment ability
- Free loan protection insurance (T&C apply)
- Interest calculated only on the outstanding balance of the loan
- Weekly Total Interest
- Fortnightly Total Interest
- Monthly Total Interest
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.
A loan of €6,000 over 5 year period would cost €117.69pm at a variable rate of 6% (APR 6.17%). The cost of credit is €942.20 and the total amount repayable is €6,942.20. Variable rates may increase which would cause the cost of credit to increase.
While every care has been made in the production of this web page, the Credit Union, or any of its staff, cannot be held responsible for any omissions, errors, or other mistakes on the site. This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing.
Loan amounts and 99% approval rate is based on figures from 2020. Rates are correct as of 1/02/2022 and are subject to change. Croí Laighean Credit Union is regulated by the Central Bank of Ireland.