An Post Money Personal Loan
Enjoy fixed rates from 6.9% APR for loans under €30k. Fast, online approval and no set-up fees. Ideal for borrowers seeking flexible repayment terms.
An Post Money’s Personal Loan stands out for its competitive fixed interest rates, starting from just 6.9% APR for loans under €30,000. With flexible borrowing from €5,000 to €75,000 and terms from 1 to 10 years, this loan gives Irish consumers predictability and control. For example, a €5,000 loan over three years comes to €156.91 monthly at 8.4% APR, repayable in full with a total cost of €648.85. There are no hidden set-up or early repayment fees, which makes it appealing for those on a budget.
How to Apply: Step by Step
- Complete the quick online application form on An Post Money’s portal.
- Upload your proof of identity (passport or driving licence), address, recent payslip, and PPS number to the Document Hub.
- Get approval in principle within minutes. An Post Money reviews your documents and financial profile.
- Once approved, receive your funds—often as soon as the next business day.
- Set up your monthly repayments via direct debit for hassle-free management.
Pros of An Post Money Personal Loan
One of the biggest positives is the extremely competitive fixed rates, especially for amounts under €30,000. This means your repayments never change, making budgeting easy.
The process is also fully online, providing fast approvals and minimal paperwork. There are no set-up or early repayment charges, adding to the flexibility for borrowers.
Cons of An Post Money Personal Loan
The product is only available to residents of the Republic of Ireland, and your rate will depend on your credit profile. Not everyone may qualify for the lowest rate advertised.
Additionally, loans under €5,000 are not available as personal loans, pushing you towards their credit card products for smaller borrowing needs.
Verdict
An Post Money Personal Loan is a strong choice for those seeking competitive, fixed repayments with no set-up or early repayment fees. The fully online application and quick drawdown make it especially convenient for busy individuals. However, check the rate you qualify for before proceeding, and consider their credit card for smaller amounts. Overall, it’s a well-rounded and appealing option in the Irish loan market.