How To Apply

Applying for a Loan

  • Members can apply for a loan online by becoming a registered CuOnline+ user. Click this Link to set up an online account & receive a PIN.
  • All loans are through appointment only. Call us on 049-4331715 to arrange an appointment with our loans officer.
  • Alternatively, Loan Calculator to estimate repayments and make an enquiry.

Please note current proof of income is required for every loan application, so please bring it in with you when you apply to speed up the application process.

Get a Loan


Requirements for Loan Applications

In deciding whether or not to grant the loan the loan officer and the credit committee will take into account the following:

  • The members record of savings and loan repayments and their ability to repay. Loans require security in the form of savings.
  • Security of 5% of the loan value for all loans is required with the exception of secure loans, which require 100% security.

For all loan applications the member will need to bring the following documents:

  • 1 payslips or 2 social welfare receipts
  • Recent bank statement (Most recent 3 months)
  • Proof of rent or mortgage
  • Photo ID
  • Proof of payment on any other income or debt that does not go through a bank account

Cavan Credit Union are now part of the Irish Credit Bureau and all loan applications over the amount of €200.00 are subject to an ICB credit check.

The Board of Directors has a responsibility under Credit Union and consumer credit legislation to safeguard the assets of the Credit Union and to ensure that members do not become over-indebted.  This means minimising bad debts and other costs of credit and ensuring that as much information as possible is obtained to assess a member’s ability to repay a loan.