Why Borrow?
Providing loans for Members is one of the main functions of a Credit Union. Loans are provided on reasonable terms to members, ensuring that money is injected back into the local area for the benefit of Members and the community as a whole.
Loans are provided for house deposits, cars, home improvements, holidays, education, weddings, computers, farming and any number of other purposes.

Benefits
When you receive a loan from St. Jarlath’s Union, you will find many advantages in comparison to other institutions:

	Your loan application will be dealt with strictly on its own merits.
	Your repayments will be tailored to meet your own personal circumstances.
	No processing or documentation fees.
	No penalties for paying off your loan early.
	You pay the interest on the reducing balance of the loan, therefore, you pay less interest as the loan decreases.
	Loan Protection Insurance free of charge for members. Should a member with an outstanding loan balance die, the balance is repaid in full, subject to certain terms and conditions which may apply.