GO Loan 12.68% or 6.43% APR
Get Organised with the GO Loan!
Our GO Loan (Get Organised Loan) is an option for Members aged 16 and 17 years to help toward education or employment expenses. 12.68% APR or 6.43% APR if eligible.
Why a GO Loan?
Discover some of the GO Loan features
Loan Calculator
Apply for a loan today with interest rates that suit you! Read the details about this loan product to ensure you are eligible.
Maximum Loan Term :
12.68%
12.68%
12.68%
This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.
Representative Example 12.68%
If you do not have shares with Derry CU or are not willing to borrow against your current shares, and you fall within our other eligibility criteria, you may borrow at 12.68% APR.
Loan amount
£1,000
Interest rate - APR
12.68%
Loan term
2 years
Total interest
£130
Montly repayment
£47
Total cost of credit
£1,130
Representative Example 6.43%
If you have shares with Derry CU and are willing to borrow against your current shares, plus if you fall within our other eligibility criteria, you may borrow at 6.43% APR.
Loan Amount
£1,000
Interest Rate - APR
6.43%
Loan Term
2 years
Total Interest
£66
Monthly Repayment
£44
Total Cost of Credit
£1,066
The loan process
Simple and convenient for you
Step
1
Apply
Log into Online Banking and submit a loan appication
Step
2
Upload Documents
Provide the required documents for your loan application
Step
3
Sit back
Immediate decision or receive the decision by text message
Requirements
What you need to avail of our incredible offers
- Become a member at Derry CU
- Apply Online
- Give us your authority to complete an Experian credit check
- 3 months of bank statements
- You are aged 16-17 Years Old
- Additional information such as bank statements may be needed
Ready to apply?
Apply online with our online loan application, over the phone by calling 028 7126 7474 or visit us in our Derry or Claudy office where a friendly members of staff will process your application.
