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Boom Community Bank: Loans reviews

Name: Loans
Rating: 4.95 (903 reviews)

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4.94

Based on 903 reviews, last reviewed 13th Sep 2024

96% decrease in 5 star reviews

in the past 90 days

100% decrease in 1 star reviews

in the past 90 days

97%

Latest highest rating:

5

Excellent Excellent couldn't ask for better Reviewed on: 13th September 2024

Latest lowest rating:

1

not a fair company I was given a loan which I paid off. I had my child benefit directly paid to them. I also made extra payments whenever I could also, even though I did... Read more Reviewed on: 10th August 2024

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About this product

Boom Community Bank have four personal loans to choose from.

The Advantage Loan, the Choice Loan, the Family Loan and the Access Loan enable you to borrow an amount ranging from £300 to £10,000 depending on the loan type. There are no arrangement fees or early repayment penalties.

Boom Community Bank personal loan reviews help you find out what it’s really like to be a customer. If you’ve used Boom Community Bank before, you can also leave a review and share your experience.

Boom Community Bank Loans reviews (903)

Review of the Boom Community Bank, Loans:

Boom bank are a good company

I enjoy boom bank as they allow you to save while paying off the loan. However ive paid more than half off and not allowed another one even though im earning enough etc. its a shame they wont allow me another one but think the saving feature is truly amazing. Extremely helpful Reviewed on: 2nd May 2024

Excellent

Excellent couldn't ask for better Reviewed on: 13th September 2024

not a fair company

I was given a loan which I paid off. I had my child benefit directly paid to them. I also made extra payments whenever I could also, even though I didnt need to. I thought by doing this they would see I am reliable and be able to give me a second loan once I had paid off my first. They declined me. I think its wrong to accept all the interest on top, accept early payments when they dont plan on giving a second one after proving yourself to be reliable. I also have my personal child benefit money directly to them so was shocked when I was turned down after being so sensible and trying to pay them off sooner. Highly dissapointed. They mentioned how there lending policies may of changed but I just didnt think it was fair at all. When I first signed up some members of their team were struggling to send people the right form in order to change the child benefit account details and helped a lady out with that also, who was very grateful that i helped. So just feels like a slap in the face Reviewed on: 10th August 2024

Very good helpful people good saving system really e...

Very good helpful people good saving system really easy to apply and quick with getting back Reviewed on: 25th June 2024

Straightforward, easy to understand terms

Easy application process online before speaking to an advisor who explained the process in simple and easy to understand terms. Straightforward from start to finish. Reviewed on: 14th June 2024

Boom has been a great help for many years

Have been using boom for several years has helped me soo much with savings will paying back loan I would of never saved up as easily befor my kids Christmas has been all thanks to boom Reviewed on: 14th June 2024

I have found Boom community bank to be responsive an...

I have found Boom community bank to be responsive and helpful to process my application for a loan. I have obtained loans through them before and have always been satisfied that ihave been treated with respect and given good information. Reviewed on: 14th June 2024

The best service when you need it

This is the service I am using for a very long time because is efficient and easy to use. They really helped me to sort out some of my immediate problems, quickly and in a professional manner. I am grateful for their service and professionalism. Reviewed on: 14th June 2024

Boom community bank are amazing.

Boom community bank are so helpful and really understanding of different circumstances/situations there customers are in. I would definitely recommend them over other company’s. Reviewed on: 14th June 2024

I exchanged emails with Greg Mullins and he was extr...

I exchanged emails with Greg Mullins and he was extremely helpful Reviewed on: 14th June 2024

I have used boom multiple times now when I've found...

I have used boom multiple times now when I've found myself in abit of a pickle and need some financial help, they have great customer service and super quick responses. I will definitely be using boom again if I ever find myself needing help financially, especially considering how good value they are and with a family loan it also helps to save abit of money for when your all paid off! Reviewed on: 14th June 2024

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