09 January 2023
Loan within Shares
Why would anyone want take out a loan if you can just withdraw from your shares............? Well the answer to that question is quite simple and can be answered in 4 simple bullet points:-
- Loans are insured up to €75,000 at no direct cost to the member
- Shares are insured up to €25,000 at no direct cost to the member
- 2.99% rate is charged on the reducing loan balance (check out our loan calculator on the website)
4. Convenient - Application is simple. You can either apply online using our online loan application platform or simply call the office and a member of staff will take your application over the phone. Once your application has been made you will receive a text asking you to log into your credit union account and digitally sign the documents. That's it, once you have completed this the funds will be transferred into your designated bank account.
Check out our loan calculator today and judge for yourself. Our loan offer as outlined above is simply unbeatable and is exclusive to members of the Prison Service Credit Union only, but be quick as this is a limited time offer only and demand is high. So don't delay and apply today.
Prison Service Credit Union Limited if regulated by the Central Bank of Ireland. This special rate offer is for secured loans only. The portion of the loan secured by shares cannot be withdrawn and members must abide by the terms of the credit agreement.