Frequently asked Questions
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Loanitt is a registered credit intermediary with the Competition and Consumer Protection Commission.
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Annual Percentage Rate. APR is the total charge for a full year written as a percentage
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Loanitt does not charge a fee to the user. Loanitt as a credit intermediary makes a commission from the lender for each successful application.
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Customers cannot apply directly to Loanitt for car finance. We only facilitate car finance through our approved vendors via our online platform
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You can contact our customer service by emailing info@LoanITT.ie. Any complaints in relation to your finance agreement during the term of your finance you should contact your finance provider
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You can obtain a copy of your personal information by emailing dataprotection@LoanITT.ie
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Minimum of €5,000 with no maximum. Each lender Loanitt deals with has their own credit policies in place so the minimum amount and length of the agreement depends on this.
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Yes, you credit history will be checked. When assessing a credit application ech lender will request a credit check from the Irish Credit Bureau (“ICB”)]. From October 1st 2019, this information will be requested from the Central Credit Register (“CCR”).
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Loanitt have a wide range of finance partners who can provide finance tailored to your individual situation
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Loanitt submits the application to suitable lenders immediately, a decision then can be expected anywhere from instant to 24 hours for car finance or longer for Agri and SME finance depending on the complexity of the application.
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This depends on which finance company sanctions the application. Some lenders require a deposit whilst others do not.
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The minimum standard is a valid ID and proof of address. Often further information may be requested such as payslips, bank statements or proof of employment.
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Please get in touch via the portal on the contact us page. Once received we will be in touch
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You can repay the loan off early, at any time. There may be a charge for early repayment, but this will depend on the lender criteria. A member of the Loanitt team can be available to discuss these with you before you draw down your finance.