We’ve compiled some of the most frequently asked questions we receive in relation to loans. If you have a query that we’ve missed please email our in house loans team and they will be happy to assist you.
Frequently Asked Questions
How much can I borrow from Inspire Credit Union ?
You can borrow from €500 - €75,000.
Are there any penalties if I repay my loan early?
No, there are no penalties if you choose to repay your loan earlier that the loan term agreed.
Do I need to have a savings record to borrow from Inspire Credit Union?
No, you can join InspireCU and apply same day. We look at your ability to repay based on your income and outgoings.
Are there any hidden fees or charges on my loan?
There are no hidden fees or charges on your loan.
Can I access my savings while I have an active loan from Inspire Credit Union?
Yes, you can access your savings whilst you have an outstanding loan, we only hold a percentage of your savings as loan security.
Can I top up my existing loan?
All loan products are different and are subject to different terms and conditions. To find out if you can top up your existing loan, contact our lending department at 021-4800010 or by email.
Do I have to call into the office to apply for a loan?
No, you can apply, sign and draw down a loan from the comfort of your own home, using the Inspire Credit Union online portal or mobile app.*
*Terms and Conditions apply.