How to Apply for a Loan with Link Credit Union
How To Apply
- You can submit an online Loan Application. Our member of our staff will then contact you in relation to your loan application. Online applications will be dealt with the following working day. Please note that you need to have registered for online account access in order to submit a loan application in this way. Log-in-CU-Online
- You can download a Loan Application Form from our Forms/Downloads menu, complete it and return it to any Link Credit Union Ltd office with the required supporting Documentation. Our friendly and dedicated staff members will be happy to assist you in your Loan Application process and answer any queries you may have.
- You can phone us on 042-9675000 during office hours with your account number and a member of staff will happily take your Loan Application over the phone and advise you on the next step of the application process.
- You can call into one of our Offices, you will be given a loan pack and you can complete the loan application form from the comfort and privacy of your own home. This pack can then be dropped back into one of our offices with the supporting documentation for assessment.
What we need
All Loan Applications must be accompanied by the following documents before an application can be processed:
- Recent Payslips / Proof of Income / Social Welfare Slips
- 3 Recent Months Bank Statements – if you do not have a bank account please contact our office
- Signed Loan Application Form
- Form of ID – if not already on file
In some cases a Guarantor/ Security will need to be provided e.g. First Loans, High Loans etc.
In cases where your own income is not enough to support your Loan Application we may ask for your spouse/partners details to be provided.
Factors Considered when making a Loan Decision:
- A regular pattern of savings
- The member’s previous loan repayment record
- The purpose of the loan
- The member’s ability to repay as agreed
- A savings record is an advantage but lending decisions are based on ability to repay
- Frequency of loan applications
- Credit Reference Agency Checks