Education Loan T&C's

Rate 5.57% (5.71% APR*) - Variable Interest Rate

Terms & Conditions

Our Education Loan is designed primarily for members who have a child going to 3rd level (can also be used for primary and post-primary education costs) – members themselves can also avail of this special rate.

Subject to underwriting criteria, terms and conditions
Minimum Loan Amount €500
Maximum Loan Amount €100,000
1 Month Minimum Term
Maximum Term of loan 10 years, however term of loan to match purpose
Repayment Frequency – Weekly, Fortnightly, Monthly
Loans are insured up to €75,000 at no direct cost to all eligible members
Loans in excess of €75,000 may require (at the discretion of Dubco) appropriate loan protection or life assurance for the duration of the loan. Any such policy would have to be assigned to Dubco.
Proof of education may be required
Loan can be topped up, ideally repayments must be maintained at or above existing repayment
If a loan application is such that it may not be approved by Dubco Ireland due to the personal circumstances of the member, additional security may be required in the form of a minimum level of pledged shares, and/or a person that guarantees the loan (Guarantor). This Guarantor would ideally be a member.

*The Annual Percentage Rate (APR) included is an example only; all APR examples are based on a €5,000 loan over a period of 12 monthly repayments.

Warning: 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.