FAQs

Here you can see a list of our most Frequently Asked Questions organised by category. If your question is not listed, please feel free to submit a question via our contact form or call us on: 1850 277 377

We have competitive loan rates for everything you need; a new car, holidays, home improvements, your child’s education, family events, a big day, dental work and so much more!

The amount will depend on the size of the loan you’re looking for. However, you will need to have money in your shares account before you make an application. Generally, the amount required is 5% of the loan amount, but this is something we can discuss with you.

  • You can make an application at our office on Glentworth Street.
  • You can phone our friendly and experienced Loans Officer on 061-317910.
  • Apply online by logging into the Member Login area or via the Sarsfield Credit Union mobile app. Link
  • Send an email enquiry to happytohelp@sarsfieldcu.ie

PAYE/Social Welfare Members:

  • 3* Months recent Bank Statements up to date – this includes Revolut or other online bank where you have such an account
  • 3* Months Credit Card Statements
  • 3 recent Payslips or Social Welfare Slips
  • Evidence of any other income e.g. rental income, maintenance

Self-Employed Members:

  • Most recent audited or annual Trading Financial Accounts
  • Most recent Notice of Assessment or Form 11
  • Tax Clearance Certificate or Confirmation regarding Tax position
  • 3* Months recent Bank Statements up to date (Personal and Business if applicable)

We may request additional documentation from you to support your loan application. (If required)

*For your first loan with us we will need 6 months statements.

Of course, you can. We are here to help all our members. Being on a lower income or a social welfare payment does not exclude you from borrowing; we will only lend what you can afford to repay, so your loan will be appropriate for your circumstances.

Some, or all, of your shares are pledged (locked in) as collateral security on your loan. The amount will be discussed and agreed with you when you apply for the loan. This means you cannot withdraw your pledged shares while you are repaying the loan. If your shares are higher than the pledged amount, you can withdraw the surplus.

Yes. You can apply for a top-up loan on an existing loan at any time, provided your payments are up to date. You do not have to repay one loan in full before applying for another. However, we urge our members to make a minimum of 3 repayments before applying for top-up loans. The Central Bank of Ireland also discourage people from continually topping up their loans and do encourage people to clear loans in full.

Always keeping your repayments up to date and never falling into arrears are the best way to ensure you can borrow again. Another way to improve your chances when looking for future loans is to continue saving. We always recommend that our members continue to save something, no matter how small, while making their loan repayments, if possible.

First thing to do is contact our Credit Control team on 061-319710 as soon as you run into difficulty. The sooner you do so, the better, so that we can come up with the best solution to help you navigate through any difficulties. We are here to help and work with you, not against you and there are always options. We also want to help you protect your credit rating. All our loans are reportable to the Central Credit Register, and non-payment of your loan/s can mean future credit applications may be refused by other institutions also.

Vivamus elementum semper nisi. Aenean vulputate eleifend tellus. Aenean leo ligula, porttitor eu, consequat vitae, eleifend ac, enim. Aliquam lorem ante, dapibus in, viverra quis, feugiat a, tellus. Phasellus viverra nulla ut metus varius laoreet. Quisque rutrum. Aenean imperdiet.

Etiam ultricies nisi vel augue. Curabitur ullamcorper ultricies nisi. Nam eget dui. Etiam rhoncus. Maecenas tempus, tellus eget condimentum rhoncus, sem quam semper libero, sit amet adipiscing sem neque sed ipsum. Nam quam nunc, blandit vel, luctus pulvinar, hendrerit id, lorem.

Maecenas nec odio et ante tincidunt tempus. Donec vitae sapien ut libero venenatis faucibus. Nullam quis ante. Etiam sit amet orci eget eros faucibus tincidunt. Duis leo. Sed fringilla mauris sit amet nibh. Donec sodales sagittis magna. Sed consequat, leo eget bibendum sodales, augue velit cursus nunc.

Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Donec quam felis, ultricies nec, pellentesque eu, pretium quis, sem.

Aliquam lorem ante, dapibus in, viverra quis, feugiat a, tellus. Phasellus viverra nulla ut metus varius laoreet. Quisque rutrum. Aenean imperdiet.

Maecenas tempus, tellus eget condimentum rhoncus, sem quam semper libero, sit amet adipiscing sem neque sed ipsum. Nam quam nunc, blandit vel, luctus pulvinar, hendrerit id, lorem.

Maecenas nec odio et ante tincidunt tempus. Donec vitae sapien ut libero venenatis faucibus. Nullam quis ante. Etiam sit amet orci eget eros faucibus tincidunt. Duis leo. Sed fringilla mauris sit amet nibh. Donec sodales sagittis magna. Sed consequat, leo eget bibendum sodales, augue velit cursus nunc.

Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem.