secured loans

Special 8% Rate Secured Loan

Many of us are understandably worried at the recent increases in interest rates imposed by banks and Building Societies. It’s not surprising then that Newry Credit Union’s secured loan has become an increasingly popular choice.

Offered at a permanently fixed rate of 8% - before the interest rebate has been applied – this loan is available to Members who wish to borrow in excess of £20,000 and can secure their loan against a property. The limit on how much can be borrowed stands at £150K.

This type of loan has been particularly popular with Members who wish to consolidate debts or to make large purchases such as holiday homes or cars.