There are many reasons to choose Castlebar Credit Union if you are looking for a car loan, if you are looking to upgrade or get your very first set of wheels. You can shop around for the car you want, you have the bargaining power. Car loans have free life cover at the great interest rate of 7.5 per cent (7.78 per cent APR ). Repayment terms can be up to five years. The interest is not front-loaded and repayments are calculated on the reducing balance of the loan. So the quicker you reduce the principle the cheaper the loan will be. If you are able you can repay the loan earlier with no penalty, and additional lump sum repayments are accepted with no penalty. All loan rates are fixed and the repayment remains the same for the term of the loan, there are also no hidden fees or transaction charges so you know exactly what you have to repay and when. Castlebar Credit Union also offers payment protection insurance as an optional extra.
If you are a member you can speak to the loans team on 094 9022969 or email [email protected] to enquire about making an application. If you are not already a member then call in to apply for membership, and get the wheels in motion.
