Debt Consolidation Loan

Consolidate Your Personal Debts into One Manageable Payment

Only 9.25% (9.65%).

Without a doubt, one key advantage of consolidating your debt into one loan is the relief that it brings. Being chased for repayments from different creditors can take a toll and can be very difficult to deal with. For some, it's a delicate balancing act. With a debt consolidation loan from Altura Credit Union Ltd., you can take back control of your finances.

Some examples of debts that you may want to consolidate are:

  • Credit Cards
  • Holiday Loans, Car loans etc.
  • Furniture / Electricals Finance
  • Moneylender Loans- Bank Overdrafts
  • Car Insurance
  • Car Finance
Example: If you took out a loan of €15,000 over 5 years, the repayment would be €313.20 Monthly. The cost of the loan would be €3,790.85. The total amount repaid would be €18,790.85. The interest rate for this loan is 9.25% (9.65%). APR= Annual Percentage Rate

You can repay early, or over pay without penalty - meaning you can reduce the interest paid.

Standard Loan
9.68% Apr



What will I need to supply when applying for the loan?

  • 3 Month's Recent Current Account Statements (unless held with Altura Credit Union)
  • 3 Recent Payslips / Social Welfare Receipts
  • Proof of Each Loan You Need to Consolidate
  • A Settlement Figure for Some Debts (We will advise you on this)
  • Your Photo ID & Proof of Address May Need to Be Updated (We will advise you on this)
  • Statements of Some Debts Will Be Required (We will advise you on this)

How To Apply

Apply online via Online Banking, call us on 0818 345 925 or speak to us in your local branch.

*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. Warning: This new loan may take longer to pay off than your previous loans. This means you may pay more than if you paid over a shorter term. APR= Annual Percentage Rate

2166 92.4%

Loans Approved

196 29.0%

Loans Applied Online

Applying for a loan is now easier than ever. Simply login to your Online Banking Account and apply today.