Terms & Conditions

The Green Home Improvement loan can be used for members planning to upgrade their home making it warmer and
more energy efficient with the support of SEAI grants.

• Subject to underwriting criteria, terms and conditions
• Minimum Loan €5,000
• Maximum Loan Amount €100,000
• 1 Month Minimum Term
• Maximum Term of loan 1 year
• 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
• Loan can be topped up, balance must be brought back up to minimum loan amount of €5,000
• If a loan application is such that it may not be approved by Dubco due to the personal circumstances of the member, additional security may be required in the form of a minimum level of pledged shares, other security and/or a person that guarantees the loan (Guarantor - ideally be a member)

*The Annual Percentage Rate (APR) included is an example only. A €5,000 loan over 1 year at a variable interest rate of 6.97% (7.20% APR) has a monthly repayment of €430, total interest of €163 and a total cost of credit of €5,163.

WARNING: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit report, which may limit your ability to access credit, a hire-purchase agreement, a consumer-hire agreement or a BNPL-agreement in the future.