Confey College and Leixlip Credit Union Ipad Scheme First year Students September 2013.

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Presentation transcript:

Confey College and Leixlip Credit Union Ipad Scheme First year Students September 2013

Leixlip Credit Union is a local, not for profit financial institution. We specialise in providing a safe place for Savings and Loans in our community and therefore you will find that our rates are some of the keenest available. We are delighted to partner with Confey College in making the Ipads available and finance affordable to parents within this scheme. Leixlip Credit Union is proud of its heritage and continues to be governed by our members and voluntary Board of Directors. Our Unique Structure means that you are the owner of Leixlip Credit Union and benefit from its use, either by way of an attractive dividend or excellent value loans. In addition Leixlip Credit Union members can access their accounts 24/7 through our website, including transferring money directly into or out of your Credit Union account Find out more information about Leixlip Credit Union on our website Phone: www.leixlupcu.ie

Ipad Scheme – Loan Amount €800 Terms and Conditions* are attached to this Loan. Loans are granted at the discretion of Leixlip Credit Union nothing on the application form guarantees a loan from the Credit Union Loans will be subject to a credit check and satisfactory credit history

Terms & Conditions of Ipad Loan Borrower does not have to be a member for 13 weeks The Loans can be repaid over a 1 to 3 year term Rate of Interest 6.94% APR for Loans with a term of 1 or 2 years. (This is a Special School Promotional Rate) Standard Rate of Interest 10.10% APR for Loans with a term of 3 years The minimum amount to be held in shares is set at €10 Loan will be set up as a separate Loan Cheque will be made payable to either the School or the Company A completed Application Form plus ICB check is required If ICB is not positive additional documentation will be required, for example 3 months bank statements, pay slips ect.

Repayment examples over various terms TermWeekly RepaymentTotal Interest 52 Weeks€15.92€ Weeks€8.23€ Weeks€5.91€ TermMonthly RepaymentTotal Interest 12 Months€69.13€ Months€35.73€ Months€25.69€124.82

Any Questions.