Terms & Conditions

• Subject to underwriting criteria, terms and conditions
• Minimum Loan Amount €5,000
• Maximum Loan Amount €100,000
• Minimum Term - 5 years - Loan can be cleared early, no penalties apply
• Maximum Term of loans – 7 years
• Repayment Frequency – Weekly, Fortnightly, Monthly
• Loans are insured at no direct cost to all eligible members
• Loan may be used to pay off an existing car finance agreement, redemption figures required, and loan will be payable direct to lender
• Loan may be used to pay off an existing car finance agreement and include a sum required to trade up, redemption figures required, and loan will be payable direct to lender
• Loan can be topped up, balance must be brought back up to minimum loan amount of €5,000 over 5 years
• 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. A €22,000 loan over 7 years at a variable interest rate of 6.97% (7.20% APR) has a monthly repayment of €321, total interest of €4,968 and a total cost of credit of €26,968.

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.