- May 18, 2018
- Posted by: Bronagh Toner
- Category: Latest News
Dromara & Drumgooland Credit Union – A Helping Hand When You Need It Most.
A prompt no fuss application process for our EXPRESS £500 loan from Dromara & Drumgooland Credit Union Ltd is designed to lend a helping hand when you need it most.
And with our new loan scheme, designed to give you access to credit when you need it most, you’ll never need to look elsewhere.
We understand that people borrow for many reasons – to help with the costs of something desirable, like a car, a holiday, or a family occasion. However, in recent times, more and more of us are having to borrow to meet the costs of everyday life…replacing the washing machine, school uniforms, home heating fuel, and the list goes on.
In a bid to stamp out the growing trend of pay-day loans companies, who charge extortionate rates of interest, our members can now benefit from a same-day decision (and access to funds where approved) for loans of up to £500. The credit union also offers all members the ability to apply for this loan on joining, recognising that when people are borrowing to finance everyday living costs, they don’t have the luxury of time.
Sean Rooney, Manager of Dromara & Drumgooland Credit Union Ltd said:
“Dromara & Drumgooland Credit Union has been lending to our members in this community for 50 years. And as we have grown, the services we can offer to our members have evolved and developed to best support their needs. This was the driving force behind improving our lending service for our members – where possible, making it easier for them to apply, and streamlining the approval process, to give members a decision on their application sooner, and get those funds released to them. Our focus also lies in assessing the affordability of those loans to members, to ensure that borrowing with us is within their best interests, whilst protecting the interests of all of our members.”
Now offering our members same-day turnaround for loans under £500, and all at just 12.68% APR.
Example of borrowing: £500 over 26 weeks will cost you £19.83 a week in repayments, and you’ll pay back £515.69 overall (only £15.69 in interest)
To qualify for an Express Loan you must have a minimum of £20 in savings. New members can apply on joining.
– You need 1 Months Bank Statement
️- Complete Loan Application Form
️- Photo ID
So, whatever you’re borrowing for – car repairs, home improvements, a holiday, a special event – check out your local Credit Union for a fair deal. Now and again, we all need a helping hand……and in the capable hands of Dromara & Drumgooland Credit Union, you could find all the help you need. To borrow with Dromara & Drumgooland Credit Union, you must be a member – if you are already a member, speak to us today about making an application. If you’re not already a member, call in for more details on how to apply for membership or give us a phone on 02843778612.
Loans are subject to approval. Terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future. Dromara and Drumgooland Credit Union Ltd is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Registered Address: 2 Dublin Road Castlewellan Co.Down BT31 9AG.