Get a Credit Union Loan

Our loans have straightforward terms and conditions, do not carry any hidden fees or charges, and are offered with flexible repayment options.

Loans with Loughguile Credit Union

The two most important things about a loan are, being able to borrow the money and being able to repay it. At Loughguile Credit Union Limited we encourage you to manage your money carefully by structuring loans around your needs and your ability to repay. Establish a good savings record by saving regularly so as to build up security for your loan.


We currently offer the following loan rate:-

  • Standard – interest rate 12.68% (APR 12.9%)
Why a Loughguile Credit Union Limited Loan is different
  • There are no hidden fees or transaction charges
  • Our interest rates are fair and reasonable compared to others in the market
  • Repayments are calculated on your reducing balance, so you pay less interest with each repayment
  • Your credit union loan is insured – subject to terms and conditions – at no direct cost to you. Other lenders charge for this
  • You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, without a penalty. Other lenders may charge you extra for paying them back faster!

*For a £5,000, 5 year variable interest rate loan, with monthly repayments of £111.22, an APR of 12%; the total amount payable by the member will be £1673.33.

How do I apply for a loan?

You have to be a member of Loughguile Credit Union Limited, with a regular pattern of saving. For more information on becoming a member please click here. For members, please visit or call us and we can discuss your needs.

Contact us for a

Loan Enquiry

Please get in touch below and our customer service team will be in touch withy you regarding booking an appointment to discuss your loan further.