FAQs
To apply for a loan you should have a minimum of €25 in your shares account, you may also need to provide supporting documents depending on the amount and purpose, please see loan purposes.
TO SIGN DOCUMENT/S ONLINE - (CAN NOT BE DONE THROUGH THE APP)
Please log in to your online account, then choose ‘launch online banking’, and an option ‘documents to sign’ will appear. Under documents to sign, please proceed to sign the credit agreement.
When the documents are signed we will transfer them to your nominated account.
You will know when your loan has been paid out as it will appear active in your online area.
You can apply for your loan online via our Mobile App, you can apply online through our website loan, by visiting one of our branches, by calling our loans team or by emailing our loans team at loans@pscu.ie. Our application process is straightforward and user-friendly. If you are not currently a member with us, you will need to join first and then apply.
To apply for a loan, you'll need to provide photo proof of identity (such as a passport or driver's licence), proof of income (such as payslip), and recent bank statements. Depending on the loan type, additional documents may be required. See the loans page for more information.
We offer a wide range of loans to suit different needs, including our Welcome Loan, Standard Loan, Car Loan, Home Improvement Loan, Secured Loan, Green Loan, Education Loan, Holiday Loan, and Christmas Loan.
We also do mortgages. For more information on our loan products, see the loans page.
We do not offer mortgages for purposes of purchasing property, land or self build.
Yes, Public Service Credit Union offers mortgages with personalised guidance throughout the process. We provide loan amounts up to €500,000, with repayment terms of up to 35 years, and a maximum age limit of 70 years at the end of the loan term. For more information, see our mortgages page.
No, there are no penalties for repaying your loan early. You can repay your loan ahead of schedule without incurring any additional fees.
Our loans offer many benefits, including affordable rates, no hidden fees, loan protection insurance at no direct cost, flexible repayment plans, personalised service from our team, quick approval processes, and the option for salary deduction for added convenience.
Technically, you don't need savings before applying for a loan. However, having regular savings demonstrates your ability to set aside money and can show affordability, which may positively impact your loan application. A savings habit is something that always helps.
Your loan application is assessed based on your overall financial situation, including your credit history, income, and the documents you provide. These demonstrate your ability to repay. Christmas and back to school / college time, tend to be busy and may slightly lengthen the wait time for a loan decision.
The loan assessment process typically takes between 24 to 48 hours after we receive all the necessary support documents. We work hard to provide a fast and efficient service to our members.
