MPCC Credit Union is pleased to announce its new Educational Loan with a very attractive interest rate of 6.5% (6.7% APR). Borrowing money to finance your education or training is an everyday part of life. Fortunately your local Credit Union makes it that bit easier for you.

Whether it's to pay for school uniforms or books in Primary or Secondary school or the increased expenses and fees associated with Third Level Education, this new loan, available for members and their families, is one of the most competitive Educational loans available anywhere. It also covers the purchase of PCs, laptops and educational software.

In the current economic climate more & more people are upskilling themselves and this discounted loan rate is also available to members who are taking part in Adult Education or further studies to assist them with these costs.

Education loans from MPCC Credit Union have the following advantages that you will not receive from other financial institutions.

• Designed to meet all education or training needs.
• FREE Loan Protection Insurance and FREE Life Savings Insurance at no direct cost to qualified applicants.
• No hidden fees or transaction charges.
• Repayments are calculated on the reducing balance of the loan. This means smaller interest repayments as you repay your loan.
• You can repay the loan earlier with no penalty.
• Additional lump sum repayments can be made with no penalties.
• Flexibility to make larger repayments than agreed with no penalty should you wish to repay the loan earlier than agreed

Compare the real cost of a loan from MPCC Credit Union with that of other financial institutions, take into account our advantages and we think you’re better off talking with us first. This low interest loan is just another one of the benefits in being a member of your local community based credit union.

Please contact any of our offices for further details on this loan and its terms & conditions. A loan repayment table is also available in the loans section of our website.