Why a Loan with Omagh Credit Union?
Omagh Credit Union have made it easy to borrow at affordable rates with no application fees, no early repayment charges, and Loan Protection Insurance at no extra cost to our member.
To enquire about a loan you can
- Start an application online
- Call Omagh Credit Union on (028) 8224 5353
- Call into the Credit Union office in Omagh or Newtownstewart
Same day decisions on many loans!
What we require from you
Proof of Income & Expenditure
- Employed – Last 3 months bank statements showing wages
- Self-employed – Most recent set of accounts and latest tax returns OR notice of self-assessment
- Social Welfare – Last 3 months bank statements showing benefits
- Retired – Last 3 months bank statements showing pensions
Identification
- Photo ID – Driver’s Licence/Passport
- Proof of Address – Utility Bill/Bank Statement dated within the last 3 months
Ability to repay
Credit Search may be required to access affordability
- 3 months bank statements
Loans
Here you will see a list of our most Frequently Asked Questions organised by category. If your question is not listed, please feel free to submit a question.
- We encourage sensible borrowing, and you can borrow for anything up to £62,500 above your savings (subject to affordability; Terms and Conditions apply).
Every loan application is based on its own merits. We focus on affordability and understand that sometimes life events can happen through no fault of your own.
Yes, you can apply for a loan on top of your existing loan balance which means you’ll pay back one loan repayment instead of two.
Omagh Credit Union understands that circumstances can change from day to day. We will try our best to help our members but ask that you contact us as soon as possible. We’ll work with you to reassess your situation, to try and make repayments more manageable.
Applying for a loan is quick and simple. Visit our website to complete the online application, or call into either our office at John Street or our Sub office in Newtownstewart. Make sure you have your identification, bank statements and address details ready. If you have any questions our team is here to help.
- Limited income – may not be able to afford the repayments.
- Poor credit history.
- Poor loan history with Omagh Credit Union.