RaboDirect to compete in Irish Personal Lending Market in partnership with Friends First Finance. Interesting new personal Credit Account from Rabo launching on the 20th March. You apply for a 'line of credit' for a preset period, and then draw down as you need it. Standard repayment amount is fixed, but you have flexibility to draw down more or repay lump sums as it suits. I'm not sure how competitive the interest rates are, but the 'line of credit' isn't tied to any particular purpose (car loan, etc.).