As the local residents of the Slane area look forward to their upcoming holidays, Slane Credit Union has announced the launch of a new Family Holiday Loan available to members of the credit union.

Our philosophy has always been to look at things differently. We understand the difference a holiday loan can make to your life – creating memories and high points to look forward to, so we always look at your whole story to make sure you arrive at the perfect destination. We only propose holiday loans with realistic terms, which you can pay back in a way that works best for you. If you need a holiday loan your credit union can help you settle on an amount that is realistic for your circumstances and on a realistic term that won’t mean paying off your annual holiday over many years. Slane Credit Union is currently offering a holiday loan rate of 10.8% (APR 11.35%) to their members.

Slane Credit Union can also provide low cost comprehensive holiday insurance to their members through www.coveru.ie. Cover U is a new suite of insurance services brought to you by credit unions and AIG. It is offering Single, Gap & Multi Trip holiday insurance options to credit union members at competitive premiums. Cover U Holiday Insurance is available to purchase online with a choice of three levels of cover to suit all budgets.

So be it a weekend with friends, a family fortnight away or a honeymoon, that special time away from all the daily routines can be just what you need to recharge the batteries. Slane Credit Union will endeavour to support their members with loans that fit them and which are based on fair, reasonable terms.

No matter what your holiday loan is for Slane Credit Union will ensure everything is clear, transparent and straightforward. The great thing about a holiday loan at Slane Credit Union is that there are no hidden fees or transaction charges, and credit union interest rates are fair and reasonable and are capped by law. Repayments are calculated on your reducing balance, so you pay less interest with each repayment. Your credit union loan is also insured in the event of your death, subject to terms and conditions, at no direct cost to you. Other lenders charge for this. You can pay off your loan early, make additional lump sum repayments or increase your regular repayments all without a penalty. Remember, in your local credit union, you are not a customer, you are a valued member.

Barbara Markey, manager of Slane Credit Union said: “We understand the difference a holiday loan can make to our members lives allowing them and their families have some time away, be it in Ireland, or abroad to create some special memories. We are offering holiday loans with realistic terms, which members can pay back in a way that works best for them. As always the credit union is there to lend a helping hand to those in need so whether you want to put a savings plan in place or take out a loan, apply through the Travel loan section on the website.