Welcome Loans

10% variable (10.37% typical APR)

Welcome

We love getting the chance to welcome new borrowers, so we’ve decided to give something back.

We’re making this offer to first-time borrowers, and it’s also open to you if you haven’t had a loan with us in three years.

And once your loan is approved, you can spend it on whatever you need!

Welcome Loan Features

  • Borrow from €5,000

  • 24 – 48 Hour Approval

  • Interest calculated only on the outstanding balance of the loan
  • Free Loan Protection Insurance (Terms and Conditions Apply)
  • No penalty for early repayment
  • Flexible Lending terms

Loan Application Process

1. Become a Member

Once you are living or working within our common bond you are eligible to join us today and start borrowing.

2. Calculate your Loan

Estimate how much you could borrow and calculate your repayments: weekly, fortnightly or monthly using our online calculator.

3. Apply for Loan

Apply for your loan from the comfort of your home or in our office. Applying for a loan is easy and quick. Apply Now.

4. Sit back and relax!

The decisions are made quickly on loan applications, usually within 24 hours.

Welcome Loan – 10% variable (10.37% typical APR)

Representative Example

A 3 year Welcome Loan of €20,000 will have weekly repayments of €148, Interest 10% variable, (10.37% APR). If the APR does not vary during the term of the loan the total cost of credit is €3,168. The total amount payable is €23,168.

Loan Amount Interest Rate Loan Term Total Interest Weekly Repayment Total Cost

€20,000

10% variable

3 Years

€3,168

€148.29

€23,168

How to Apply?

Online

The fastest way to apply is on our Mobile App or via your Online Account.

Call Us

Call us during office hours on
01-8451400.

Call Back

Submit this form and we’ll call you back at a time that suits you.

Email Us

Send an email with your loan details to us at info@malahidecu.ie.

Visit Us

Call into our office on Main Street with all your required documentation.