Loan Declarations and Terms

Loan Declarations and Terms

When you apply for a Personal Loan from Croí Laighean Credit Union, you are subject to the Loan Terms and Conditions including the processing of your data, which may include sensitive data, for the purposes of reviewing your application in accordance with the Privacy Notice.

When you tick this box on the application, you are confirming that you have read and understood the Terms and Conditions. You are also declaring that:

  • You are not aware of any future changes to your circumstances that may affect your ability to repay the proposed loan.
  • You have not been declared bankrupt or insolvent.
  • You have not obtained a Debt Relief Notice, or renegotiated an arrangement with creditors.
  • You have not faced court proceedings for debts in Ireland or any other jurisdiction

You confirm, acknowledge, and agree;

  • This Application Web Form together with figures quoted in repayment calculators may not be construed as an offer of credit by or on behalf of the Credit Union.
  • All statements, information, and details given in this application and any documentation provided in support of it are true, accurate, and complete, and you understand they are subject to verification by the Credit Union.
  • That loan approval is subject to the Credit Union’s credit approval process and lending criteria and that the Credit Union reserves the right to restrict, amend, reduce, or withdraw any loan offer made.
  • The loan will be subject to the rates and interest of the Credit Union and you will pay all fees and charges in connection with the loan as set out in the Credit Agreement that will be issued on the approval of an application.
  • The Credit Union may obtain Repayment Protection Insurance in relation to this credit facility and that availability of such insurance will be subject to a Declaration of Health within the Credit Agreement.
  • That loan approval may be subject to conditions as specified in the Credit Agreement. This may include that shares may be held as security against the loan.
  • That upon execution of the Credit Agreement by the Credit Union, we will both be bound by that Credit Agreement.