Search Results for 'Car loans'

More than a quarter (27 per cent) of consumers in Ireland with a car loan have no idea what interest rate they are paying on their motoring finance, according to research recently released by Volkswagen.

Volkswagen Ireland has announced news of model upgrades and new finance offers.

With the New Year just around the corner, many motorists are looking to upgrade their car and acquire one of those alluring new ‘141’ or ‘142’ plates.

The latest market research report by the Irish League of Credit Unions (ILCU) confirms the positive status of credit unions and the fact that a majority of personal and car loans drawn by Westmeath people come from credit unions.

Fine Gael Mayo TD, Michelle Mulherin, has said the Personal Insolvency Bill published last week will give a vital lifeline to distressed mortgage holders and those overwhelmed by personal debts. The Heads of the Bill was published by Ministers Alan Shatter and Michael Noonan this week, and it is hoped it can be published in its legislative form by the end of April.

There is an atmosphere of fear and trepidation in the air following the news last week that we are to pay over €30bn to bail out Anglo Irish Bank and that is because it means one thing — an even worse budget than was already planned.

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.

Used cars are the biggest issue in motoring right now. The country is awash with used cars with stocks having built up to worrying proportions over the past 12 months or so.

Used cars are the biggest issue in motoring right now. The country is awash with used cars with stocks having built up to worrying proportions over the past year or so. This is bad for car dealers, importers, and manufacturers, but for motorists it might just be the best opportunity to buy a well priced used car, writes Padraic Deane.

Brian Harris, Labour candidate in the Callan Electoral Area, has called on the Minister for Finance to ensure that those on social welfare incomes are spared of additional taxes or reductions in benefits in the forth-coming supplementary budget.