Revolving Credit
Borrowing Stress Free & Simple
Apply once - Withdraw funds when required - No additional paperwork
What is Revolving Credit?
Revolving credit is a loan facility which allows the member to borrow money up to a pre-determined amount known as revolving credit.
Once approved it can be drawn down in full or in part. You owe interest on the amount drawn down ONLY, not the entire credit limit.
Regular monthly payments are required, these replenish the amount available to you to spend again. It’s the same principle as a credit card or overdraft whereby you can spend up to your limit on a continuous basis.
Click to Apply
Benefits
- Apply for an amount of €250 up to €8,000
- 1, 2 and 3 year terms available
- Cheaper interest rate then a credit card at only 10.4% APR
- Quick and easy application process – Minimal paperwork required
- Ideal in the case of emergency. Drawdown funds online in seconds.
What is needed to apply – proof of income, bank statements, ID. Once approved, no additional paperwork or application forms needed.
The Revolving Credit Process. Easy and simple.
Call our office today on 051-873 867 or email us at loans@stdominicscu.ie. You can also call into any of our branches or login to your online account and make an application
Our specialised lending team will always engage with you regarding your loan requirements
The credit union will contact you with the decision via email or telephone
