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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

98% decrease in 5 star reviews

in the past 90 days

100% increase 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.

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Boom Community Bank Loans reviews (903)

Good company

I think that they are very friendly people and they explain everything to u so u understand about your loans, Savings and I would highly recommend them to all my friends and family Reviewed on: 25th June 2021

Fantastic union higher than 5* rating deserved

My experience with Boom is one of the best experiences with a company/union I have ever had! They are professional, yet kind. Careful yet quick. Informative on a level everyone can easily understand. No fluff and bluff just honest, sincere and friendly service. They listened and advised in equal amounts all for my benefit. This union literally changed my life and relieved me of a pressure that was a huge burden. I hold them in the highest regard and would stick with this union every time! Reviewed on: 25th June 2021

Prompt and patient team

I had a very pleasant experience with Irona and her team. Very kind and understanding. Reviewed on: 25th June 2021

best credit union

I have been a member of boom for quite a few years they have helped me innumerable times the staff are extremely helpful and go out of there way to help i would never go anywhere else Reviewed on: 25th June 2021

Customer care and understanding of the member's situation

I was struggling to get even a credit card of 200 pounds from the high Street banks yet I was not struggling financially but I wanted to start building my credit score. When I contacted boom they easily helped me within a few days with a loan of 800 pounds after paying it back I had a financial need and again without asking any questions boom gave me a loan of 7000 pounds. Boom is the last resort for those that can't be helped by the bureaucratic high Street banks. Reviewed on: 25th June 2021

Good

Always every helpful and always their when needed. Also information given is great and can get information on their web page. Reviewed on: 25th June 2021

Outstanding loan service

Always have helped when other companies haven’t . Recommend fully and save at the same time makes it limited edition company unlike others . Reviewed on: 25th June 2021

Amazing group of people.. always take time to listen to your needs and try to help if they can..

I've been with boom for about 4 or 5 years now.. they were the only people to actually take into account my circumstances and listen to what I needed.. they are always helpful and try to help if they can. Highly recommend Reviewed on: 25th June 2021

Problems solved

I had gotten myself into difficulties with a lot of debt on balance transfer cards with zero percent interest rates that were about to expire and my high utilisation was really hurting my credit rating. Boom had the insight to look beyond the numbers, talk to me and understand the situation and my hoped for plan to solve it. A loan from Boom enabled me to clear the credit card debt and massively boost my credit rating, enabling me to repay their loan and step to an loan at a much better rate. I am now able to look at moving back to the North East to a four bed house, quite an upgrade from the one bedroom flat I’ve been living in while in Crawley for the last 3 years. Only possible because of the improvements to my credit rating supported by Boom. Reviewed on: 25th June 2021

Helped me when no one else would

A community bank helping a community. Reviewed on: 25th June 2021

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