Listowel Credit Union supporting families across North Kerry


Listowel Credit Union supporting families across North Kerry to help overcome the financial burden of Back to School Costs

Listowel Credit Union urges families to avoid high interest credit cards and to come and talk to them to assist with Back to School & Education costs.
The 2023 survey figures released on Wednesday shows 72% of parents find covering the costs of back to school a financial burden, with parents spending €1,152 per primary school child and €1,288 per secondary school child, the summer months can be an extremely challenging time of year.

Ashley Fitzgerald of Listowel Credit Union Ltd said “We are aware that back to school costs can place huge financial pressure on families. We want to reassure parents across our communities that Listowel Credit Union is here, for anyone who needs financial support to help cover back to school costs. We understand that these costs can be a financial burden, particularly at a time when other costs of living are so high.”

The 2023 survey shows that parents continue to feel a considerable financial burden educating their children. While there is a slight reduction in the amount being spent per child on back-to-school costs compared to 2022, general cost of living increases are impacting on households.

David Malone, CEO of the Irish League of Credit Unions said: “The average level of debt is €306 with 17% of parents having debts of over €500. The cost of living increases are impacting all households and 40% of parents of school children have cancelled or reduced non-essential services / activities to cover rising costs. More concerning is that 18% of parents of school children are trying to earn additional income and the potential impact this might have on family life. Again, we would urge anyone needing help with household costs to talk their local credit union”.

To view the full ILCU Back to School 2023 Survey Results visit:

Cost of Finance.
For a €500 Back to School Loan, 1 year variable interest rate loan, with 52 weekly repayments of €10.07, an interest Rate of 9%, a representative APR of 9.40%, the total amount payable by the member is €523.17. Information correct as at 29/06/2023.

Loans are subject to approval. Lending criteria, terms and conditions apply. Listowel Credit Union Limited is regulated by the Central Bank of Ireland.