Loans
Fast decision • No hidden fees • Competitive rates • Flexible terms • Local support
Personal Loans
The two most important things about a loan are, being able to borrow the money and being able to repay it. At Lisnaskea Credit Union Limited we encourage you to manage your money carefully by structuring loans around your needs and your ability to repay. Establish a good savings record by saving regularly so as to build up security for your loan.
Loan Calculator
Calculate the numbers yourself
Maximum Loan Term :
12.68%
12.68%
12.68%
This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.
What We Require From You
Outgoings
Credit search
Minimum 1 month bank statements
Proof of Income
Employed – last month payslip
Self-employed – most recent accounts + latest tax return / self-assessment
Social welfare – minimum 1 month bank statement
Retired – proof of pensions
Identification
Photo ID – driver’s licence / passport
Proof of address – utility bill / bank statement (last 3 months)
OR government-issued document (last 12 months)
Lending criteria
Maximum Term
The maximum term available for all personal loans is 10 years. You can also apply to top-up personal loans before the date of completion.
Proven Ability to Repay
As responsible lenders, we must ensure that we don’t lend to any member unless they have a proven ability to repay the loan and loan interest within the full duration of the agreed loan term.
Free Loan Protection Insurance*
LCU provides free loan protection insurance to loans less than £8,000, subject to terms and conditions. Loans over £8,000 may still be insured at no cost upon the completion of a health declaration.
How To Apply
How To Apply
Existing members can apply for a loan by coming into the office, calling us on 028 6772 2264 or through their LCU online banking. Not an existing member? You can become a member via the button below.
Please note: 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.
