On Wednesday, 17th May Youghal Credit Union launched their new initiative, First Time Borrower. Part of their 50 years Celebrations, the attractive lower and competitive rate is just 6%.
Colm Geary told The East Cork Journal that "Youghal Credit Union has had a very successful 50 years in the Youghal and surrounding areas, and this new initiative will bring our members into the future. It is for all members who have never had a loan with YCU in the past, or members who have not had a loan in the past five years. It is also for new members who join the Credit Union and is available only for the first loan which a member has with us.
The First Time Borrower works at a one first time borrower loan per member, per lifetime basis, and it also follows all lending procedures which the Credit Union has in place for all other lending products.