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Donegal Town Credit Union - Ready to Help with Back to School Costs

25 June 2017

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 June 25, 2017
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Category: Loans, News

While school might seem like a distant memory for young people as they enjoy their summer break, it’s a different stories for parents. Many parents in Donegal are already gearing up to prepare for the Back to School spend, which has become a mounting financial burden in recent years.

Research carried out by the Irish League of Credit Unions last year found that school associated costs have increased year on year from 2012. The overall spend for primary school children last year was a substantial €967 per child per year. For secondary school children it was even higher at €1,474 per child per year.

Donegal Town Credit Union has always been on hand to provide financial assistance to parents in Donegal as they try to cope with education-related costs. Offering a Back to School loan at a very affordable rate, Donegal Town Credit Union can ensure that the loan terms are structured in a way to suit every individual situation best. There are no hidden payments or transaction fees, and the loan is less expensive than using a credit card or moneylender.

Speaking about the range of options available at Donegal Town Credit Union to help cover school costs Liam Kelly Manager said: “On top of paying for school uniforms, shoes, books and transport, paying for extra-curricular activities has also become a big expense of the school year. These additional costs can compound the financial stress of the back to school spend. We are encouraging parents who know they will need to borrow to talk to us first at Donegal Town Credit Union”.

Liam continued: “Last year we saw a big increase in the number of parents saying they would shop online to cut costs and we would encourage all parents to shop around, both in local shops and online, to see where they can get the best deals. If you do need a loan, pop in to see us at Donegal Town Credit Union and we can talk you through the best option for your circumstances.”

 

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