Holiday Loans from First South Credit Union: Planning Your Dream Trip Has Never Been More Affordable

19 April, 2023

Are you dreaming of a getaway but don’t have the necessary funds? First South Credit Union has you covered with our holiday loan options. With competitive rates and flexible terms, you can now plan your dream holiday without breaking the bank. A holiday loan from First South Credit Union is the perfect solution to make your travel plans a reality.

What is a Holiday Loan?

A holiday loan from First South Credit Union is an affordable and easy way to plan your dream trip. This type of loan allows you to borrow money to cover the cost of your holiday, including airfare, hotel stays, excursions, and other related expenses. A holiday loan can be tailored to fit your budget and provide you with the funds needed to make your dream trip a reality. With flexible repayment options and competitive rates, a holiday loan can be the perfect way to finance your next adventure.

How much can I borrow?

When taking out a holiday loan from First South Credit Union, the amount you can borrow depends on your circumstances. The maximum you could borrow is up to €75,000 and is determined by your current income and expenses, your credit score and other factors.

Before applying for a loan, it’s important to understand that the amount of money you borrow must be repaid with interest over time. Make sure you take into account all of your other debts, your income, and other financial obligations before taking out a loan. If you are unsure whether or not you can afford the monthly payments associated with a holiday loan, contact a loan officer at First South Credit Union to discuss options.

How much are the repayments?

Your repayments will be determined by the amount of money you borrow. You have the option of choosing to pay weekly, monthly or fortnightly. 

You can expect to pay the same amount each payment period until the loan is paid in full. But if you like, you can make larger payments with no penalties. To get an exact idea of your payments, contact our loan department at First South Credit Union for more details.

Making your payments on time is essential for maintaining a good credit score. You can make your payments online, over the phone, or in person at any one of our branches. Additionally, you can set up auto-payments so your loan is automatically paid off each month.

No matter what repayment option you choose, First South Credit Union provides plenty of flexibility for making your holiday loan payments. With our helpful staff and convenient payment methods, planning your dream trip has never been easier or more affordable.

How do I apply?

Applying for a holiday loan from First South Credit Union is an easy and convenient process. You can log in to your account and apply online here . Alternatively, you can visit any one of our local branches or phone us on 021 496 5134 for assistance with the application process.

To begin, you will need to fill out an application form with personal information such as your name, address, PPS number, and other identifying information. Additionally, you will be asked to provide proof of income and a list of debts you currently owe. Once you have filled out the application and provided the requested documentation, we will review it and make a decision on your loan request.

If your loan is approved, we will provide you with the terms and conditions of the loan.  Be sure to ask questions if there are any aspects of the loan that are unclear to you.

Once you have signed the credit agreement, you can drawdown the loan and start planning your dream trip.

With Summer just around the corner, apply for your holiday loan today.
We can’t wait to talk with you.

Lending criteria, terms and conditions apply. First South Credit Union Limited is regulated by the Central Bank of Ireland.