Spring is officially here and the change of season is one of the best and most popular times of year for home improvements.
Home upgrading is a trend which has seen somewhat of a surge in popularity in recent years and for good reason with so many of us spending a lot more time at home.
Many households planning on renovating their home understandably would not have this spare cash to hand and it can be tempting for them to fund the planned renovations through the credit card.
However, with the high levels of interest charged, even if you clear the minimum balance, this can end up being a very pricey decision. For the cost-conscious home improver – a credit union loan is the best option and are often approved very quickly.
A recent ILCU survey found that of those needing to borrow to fund their renovations, six in ten said they would use their local credit union.
Liam Flannery Head of Lending for Athlone Credit Union explains why a credit union home renovation loan is a solid choice for those wanting to renovate their home without incurring unnecessary debt.
“We offer a very competitive promotional home renovation loan, back by popular demand for a limited time only. It’s a very cost-effective option. Not only that, but our loans are typically approved in two days, so you can get started on those renovation plans right away.
“We are also happy to offer our loans to brand new members so there is no requirement for you to have saved with us for a period of time before you can avail of the loan.”
“Other benefits to the home renovation loan are the flexible repayment options and there are no hidden fees or administration charges. Borrowers are also free to repay the loan early, should they wish, without any penalties.
“So whether your plans include building on an extension, overhauling the kitchen, laying new carpets or floorboards, or just giving your home a new lick of paint, talk to us here at Athlone Credit Union. You’ll find we are happy to provide flexible loans of any size to suit your grand design plans,” Mr Flannery stated.
