from €195.58 per week
This is our welcome gift for our first-time borrowers. Whether you’re an old or existing member, get a reduced interest discount rate for your first loan with MFCU.
on your MFCU Welcome Loan
|MONTHLY REPAYMENTS (5 years)||€202.72||€506.79|
|TOTAL COST OF CREDIT||€12,162.97||€30,407.41|
To apply online, you firstly need to login to your MFCU account on our website or mobile app.
It is important to note that your account must have fully up-to-date proof of address and ID before applying for an end-to-end loan.
As part of this process you will need to upload documentation to support your application, please ensure you have your proof of ID and some recent payslips ready before continuing.
You must decide your preferred terms of the loan such as payment frequency and loan period before uploading relevant documents.
An MFCU loans officer will contact you by phone in regards to the application. If approved, you will then have to sign your credit agreement on your online account.
Once the credit agreement is signed, the loan funds will be transferred straight into your bank account.
for an MFCU Welcome Loan
MFCU members, long-term members or newly joined, can qualify for a MFCU Welcome Loan and borrow at a reduced interest rate for your first loan with MFCU. Become a member today to qualify for an MFCU Welcome Loan.
With an MFCU Welcome Loan, you can borrow between €10,000 – €75,000. Spread the payments over a period of 10 years and enjoy our discounted interest rate of 7.99%.
We aim to come back to you with a decision within 24 hours of receiving your loan application and supporting paperwork. We approve 98% of all loan applications!
Yes, we can only apply loans from MFCU members. With our new digital membership, it’s easier than ever to become a member. Fill in our membership application online today and start borrowing with us!
from €195.58 per week
from €177.40 per week
from €32.16 per week
from €40.65 per week
from €14.23 per week
Apply for a loan from the comfort of your home.
Pay less overtime as your balance decreases.
Quick Loan top up with the MFCU mobile app or desktop.
We’re always here to help. Call us or use Live Chat.
Built in insurance in case on extreme circumstances.
Check your repayments using our loan calculator. If you’re happy with the repayments, submit your details and we’ll call you back within 24hours to jump start your loan process
Click here for Welcome Loan Terms and Conditions.
Lending criteria, terms and conditions apply. Member First Credit Union is regulated by the Central Bank of Ireland.
WARNING: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.