Latest News

09 Aug 2023

Our new website is live!

We're delighted to announce the launch of our new website! Browse around to learn more about our Credit Union and come back regularly to keep up to date with us.

Home Heating Loan

Home Heating Loan

At Knockninny Credit Union, we understand the pressure of rising energy costs. Our Home Heating Loan helps our members purchase oil for home heating.

Rate 6.17% (APR 6.35%)

  • Simple, straightforward loans with no hidden fees or charges
  • Simple, easy application process: online, by phone, in our office
  • Flexible repayment options: weekly or monthly
  • Flexible Loan terms, from 1 to 6 months
  • Free loan protection insurance (subject to terms and conditions)

Apply for your loan in a few easy steps

Step 1

We have three loan options available. Choose what type of loan suits your requirements.

Step 2

Use our loan calculator to calculate how much you could borrow and what your regular repayments will be.

Step 3

There are a few different ways to apply for a loan. You can apply Online or by contacting our office.

Loan Calculator

Maximum Loan Amount :
Maximum Loan Term :

£

Term

Repayment Frequency
£
APR
6.35%
# Repayments
Total
£
APR
6.35%
# Repayments
Total
£
APR
6.35%
# Repayments
Total
£
APR
6.35%
# Repayments
Total

This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.

Why a Knockninny Credit Union Limited Loan is different
  • There are no hidden fees or transaction charges
  • Our interest rates are fair and reasonable compared to others in the market
  • Repayments are calculated on your reducing balance, so you pay less interest with each repayment
  • Your credit union loan is insured - subject to terms and conditions - at no direct cost to you. Other lenders charge for this
  • You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, without a penalty. Other lenders may charge you extra for paying them back faster!
Why borrow with Knockninny Credit Union Limited?
  • It sustains growth and employment as the money is spent locally
  • It provides opportunities to our members to travel abroad, get married, do home improvements, manage their finances, further their education etc
  • Borrowing from Knockninny Credit Union will help secure its future for generations of members to come


Our loan rate of 6.17% (APR 6.35%) means you can borrow at a reasonable rate of credit compared to other financial providers – compare us to other financial service providers and you will see that you get a great deal at Knockninny Credit Union.

How do I apply for a loan?

You have to be a member of Knockninny Credit Union Limited, with a regular pattern of saving. For members, You can Apply Online using our form or you can visit or contact us and we can discuss your needs and give you an application form.

Loans are subject to approval. 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.