Loans
Lowest Fixed Rates on Personal Loans from Banks in Ireland
Updated July 18th 2010:
On a 5 year fixed rate loan of €22000 Euro – the lowest APR is available from NIB at 10.75% . Total cost of credit would be €6211.21
The same loan from Ulster Bank with a fixed APR of 11.9% would cost a total of €6881 in interest and application fees.
The lowest variable rate loan is currently from AIB at 10.1% APR on a loan of 22k over 5 years.
Check your local Credit Union for loan rates – some of them have rates below 7% APR – but you may need to have a savings account with them to qualify.