Hi visited Ulster Bank a month a month ago to apply for a €40k home improvement loan to be paid over 4-5 years. By removing the step up payment on my tracker mortgage the loan adviser indicated that I met the affordability requirements. I was told it would take 5 working days. I'm still waiting for a response over a month later. The loan rate offered is 10.9% (includes UFirst member 1% discount).
I have applied to the local credit union. Their interest rate is 10.5% but the maximum amount they loan to any customer us €25k.
I looked at the online offers from Bank of Ireland and AIB and they look the same as Ulster Bank.
I notice that Dundalk Credit union is 6.9% but unfortunately you need to be living and working there.
Any advice on an alternative solution?
I have applied to the local credit union. Their interest rate is 10.5% but the maximum amount they loan to any customer us €25k.
I looked at the online offers from Bank of Ireland and AIB and they look the same as Ulster Bank.
I notice that Dundalk Credit union is 6.9% but unfortunately you need to be living and working there.
Any advice on an alternative solution?