Terms & Conditions

Acceptance of Terms

These Terms and Conditions ("Terms") govern the relationship between Prestige Credit ("we," "us," "Prestige Credit") and any individual or legal entity ("you," "the Borrower") who applies for, receives, or services credit through our platform.

By submitting an application, signing a credit agreement, or otherwise availing yourself of our services, you confirm that you have read, understood, and accepted the Terms in full.

Services provided

Prestige Credit is an Irish-domiciled private lending firm authorised by the Central Bank of Ireland and passporting into 26 additional EU/EEA jurisdictions. We offer:

• Twelve product lines (Personal, Business, Mortgage, Consolidation, Education, Medical, Auto Refinance, Wedding, Emergency, Renovation, Travel, Agricultural).
• Fixed annual interest of 3%, locked at signature for the entire term.
• Loan principals from €1,500 to €1,000,000, depending on the product.
• Repayment terms from 12 to 240 months, in 12-month increments where applicable.

Eligibility criteria

To qualify for any Prestige Credit product, you must meet all six of the following criteria, as detailed on our Eligibility page:

• Be at least 18 years old at the time of signing.
• Hold valid legal residency in an EU member state or EEA territory.
• Have regular, verifiable income from a recognised source.
• Maintain a total debt-service ratio of 40% or less of net monthly income.
• Show no active default, judgment, or insolvency on your credit file.
• Apply for a lawful, declared, and identifiable purpose.

Application process

4.1 Submission

Applications are submitted exclusively through our secure online platform. We do not accept paper applications, applications received by post, or applications received through third-party brokers.

4.2 Documentation

You must provide three categories of documentation: a government-issued photo ID, proof of residency dated within three months, and proof of income (payslips or tax returns).

4.3 Decision

Most applications receive a binding decision within one business day. Complex files may take up to five business days. We commit to a definitive answer within five business days of receiving complete documentation.

Interest & repayment

The fixed annual interest rate is 3%, applied to the outstanding principal on a reducing-balance basis.

Repayments are collected monthly by SEPA direct debit on a date you select at signature (typically the 1st, 15th, or 28th of the month). The repayment date may be modified once per calendar year, free of charge.

Default & consequences

A missed scheduled payment triggers a five-day grace period, during which no fee is applied and no credit-bureau report is filed. After day five, a single nominal late fee applies. After day thirty, your adviser will contact you — generally to restructure rather than to escalate.

Early repayment

You may repay the outstanding balance in part or in full at any time during the loan's life, without penalty, fee, or surcharge.

Privacy & data

The processing of your personal data is governed by our Privacy Policy and our GDPR Compliance Statement.

Liability & disputes

Our aggregate liability under any credit agreement is limited to the principal disbursed under that specific agreement. Disputes shall first be addressed to our internal complaints function. Unresolved disputes may be escalated to the Financial Services and Pensions Ombudsman of Ireland.

Changes to these Terms

We may update these Terms from time to time. Material changes will be notified to active borrowers by email at least thirty days before taking effect. Existing credit agreements remain governed by the Terms in force at the time of signature.

Contact & jurisdiction

These Terms are governed by the laws of Ireland. The competent courts of Dublin shall have exclusive jurisdiction over any dispute that cannot be resolved through the procedures described in Article 09.

For any question concerning these Terms, contact us via our Contact page.