Cavan Credit Union offers an excellent range of loan products. Our personal approach is aimed to help you – our members.

There are many benefits to borrowing from Cavan Credit Union:

  • Low interest rates for loans.
  • We don’t charge any processing or documentation fees.
  • Free loan protection insurance – your loan is paid off in the event of your death.*
  • No penalties for paying off your loan early.
  • Easy application process and speedy decisions.
  • You as a member, benefit from any surplus that we make by way of a yearly dividend.
  • You get money back on your interest paid if a loan interest rebate is applied.
  • You pay the interest on the reducing balance of the loan: therefore you pay less interest as the loan decreases!

*Terms and conditions apply – please ask a member of staff for details.


Loan Rates

  • Loan Sale Rate 7.9% (APR 8.18%)
  • Standard Loan Rate 12%. (APR 12.74%)
  • Larger Loan Rate 8.5% (APR 8.84%) (€20,000-€50,000)
  • Car Loan Rate 9.9%. (APR 10.39%)
  • Education Loan Rate 6.9%. (APR 7.12%)
  • Secure Loan Rate 3.9%. (APR 3.96%)


Loan Protection Insurance

One of the benefits of credit union membership is the free insurance provided on savings and loans. Upon the death of a member, his or her savings balance is increased and the outstanding loan balance is cleared so the family are not responsible for the debt (within certain limits and with certain conditions).


Click here for our easy to use loans calculator. Loan Calculator