The illegality of Pay Day Loans in Ireland has created a massive gap in the market for people seeking quick cash loans, so what are your options if you need cash quick? Well, the Irish banks are aware of the gap, and they are endeavouring to fill it as quickly as possible with their personal loan offers, and none more so than Permanent TSB.
While Bank of Ireland and AIB were getting up to their eyeballs in debt, Permanent TSB weren't afflicted by the financial crisis to a huge extent, so they've remained open for business despite others around them all but shutting up shop. The advantage of this is that their loans represent tremendous value for money.
Permanent TSB Loans allow you to borrow any amount from €2,500 to a maximum based on your income and the amount you are looking to borrow. Terms on their loans generally range from one to five years, however, they do offer loans of up to ten years in term. To give examples, their holiday loans are generally repaid over a year, while Home Improvement loans are paid back over three years.
Their interest rates are extremely competitive compared to other lenders, with smaller loans subject to 14% APR, and larger loans sliding down to an APR of 12%. If you fancy the safety of insuring your loan, then Permanent TSB even offer this facility.
To get a loan, all you need to do is visit their site and fill out a loan application form! Check them out today!