Loans
How do I apply for a loan under Energy Loan Scheme?
Complete the Expression of Interest Form and drop into the branch or fill in the enquiry form at the top of the page and one of our team will call you back to assist with your application.
How much can I apply for with Energy Loan Scheme?
Minimum borrowing of €3,250. So that means energy works of a minimum of €5000 in value required.
Grant on works 35% available. Energy works of €5,000 in value will attain a grant of €1,750.
Grant on works 35% available. Energy works of €5,000 in value will attain a grant of €1,750.
Who can apply for a loan under Energy Loan Scheme?
This scheme is open to members of Blanchardstown & District Credit Union to improve the energy efficiency of their home (once it was built prior to 2006), either by insulating the roof or walls, upgrading the heating or by making a number of recommended energy saving improvements.
Will ICB (Irish Credit Bureau) affect my ability to get a loan?
with other lenders, the Credit Union will request information about your income, employment status, living costs and existing loan repayments to help decide whether you can afford to repay a loan. An ICB enquiry is another source of information relevant to a lending decision. Blanchardstown & District Credit Union Limited is a member of the Irish Credit Bureau (I.C.B). We will request the Loan Applicant’s consent to run credit checks and make our obligatory returns as members of the I.C.B.
Who can apply for a loan with you?
You need to be a member to borrow from us. You need to live or work in Dublin 15 to become a member.
How much does it cost to borrow from you?
Our loan calculator here will tell you what the monthly repayments are for the term and the amount you wish to borrow.
What is a Credit Agreement?
A credit agreement, once signed, is a legally binding contract between the member taking out a loan and Blanchardstown & District Credit Union Limited. The agreement contains the Terms & Conditions under which a loan will be issued and under which it must be repaid by the member. By signing the Credit Agreement, a member agrees to be bound by its Terms and Conditions.
How long does it take to get a decision on a loan application?
The majority of loan applications are assessed on the day we receive the supporting documents from you. Sometimes it can take a little longer. If it does, we will keep you informed every step of the way
What if I want to repay my loan back early?
No problem. There are no penalties or fees for early repayment of a loan.