6 reasons to switch your Provident Loan to KCU

News that Provident Financial are to leave Ireland came as a shock to its borrowers. Kilmallock Credit Union can help and we want to show you how.

When you switch your loan to Kilmallock Credit Union, you can save over €350.

  1. We Offer Great Value Loans which means Cheaper Repayments
    Our PMC loan rate is 12.69% APR. The Provident Loan rate is 157.3% APR. The difference is astronomical. Take a look at the repayment comparison between our loan and a Provident loan. You can join us and apply for a loan right away. We also offer lower rates on some promotional loan options. Calculate your repayments now with our Loan Calculator.

Repayment of PMC (Personal Micro Credit Scheme) loans can be facilitated through the An Post Household Budget Deduction scheme. (terms and conditions apply)

  1. No Fees
    Yes, it’s true! Kilmallock Credit Union does not charge any administration or transaction fees for our in-branch, phone or online services.
  2. FREE Loan Protection Insurance
    As well as great value loans, we offer FREE Loan Protection Insurance on our loans.* Your loan is paid off in the event of your death.
  3. The more you pay, the less you pay
    You pay interest on the reducing balance of the loan: therefore, you pay less interest as the loan decreases – making a big difference over the lifetime of your loan. Also, there is no penalty for early or lump sum repayments.
  4. Local branches, and lots of ways to pay
    Kilmallock Credit Union has 3 branches in Kilmallock, Charleville and Kilfinane; open 6 days a week and late on Thursday. As a member you can use any branch at any time and every member of Kilmallock Credit Union enjoys FREE online and mobile banking access. Learn more about our CuMobile Banking App here.

Most of our services are available by phone, including payments with your debit card and loan applications. Call us now on 063 98355

If you are not a member of Kilmallock Credit Union you can join us now online or call into any of our branches to join. Click here for more information on joining us.

Personal, local service is the ethos of the credit union. We are a friendly face you can speak to in times of difficulty. We are here to help.

  1. Your community benefits
    For the last 58 years, Kilmallock Credit Union has been supporting your community. We are not-for-profit, member-owned co-operative working for our members and community. Each time you borrow and save with us, you are helping your community.

Ready to Switch, check out our loan calculator.

Online: If you are already a Kilmallock Credit Union member, you can apply for a loan online here. If you are not a Kilmallock Credit Union member, you can join us online.

Phone: Call us on 063 98355 to enquire about a loan or joining us

In-Branch: You can also call into any of our branches and our staff will be happy to help. Click here for our opening hours.

*Lending criteria, terms & conditions apply. 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. Kilmallock Credit Union Limited is regulated by the Central Bank of Ireland.