Boom Community Bank reviews
Boom Community Bank reviews
Review summary
People rate this company as Excellent based on 1,254 product reviews
Latest positive rating
Latest negative rating
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... 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 Read more Read less
About Boom Community Bank
Boom Community Bank is a not-for-profit Credit Union. Its operating surplus goes back into services or is paid as dividends to members.
It was founded in 2008 and originally called West Sussex Credit Union. Mergers with other Credit Unions then formed Boom Community Bank. Today, it provides financial services to people who live or work in areas from Berkshire to the South Coast.
Boom Community Bank provide loans and savings products.
Boom Community Bank at a glance
Reviews for Boom Community Bank
Showing 11 of 1254 company reviews
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... 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 Read more Read less
Products from Boom Community Bank
Showing all products offered by Boom Community Bank
Loans
by Boom Community BankBoom 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...
Loans
by Boom Community BankBoom 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...
Savings
by Boom Community BankBoom Community Bank offer instant access savings for individuals, charities, organisations and businesses looking to make a local impact. Boom Community Bank savings accounts can be managed using the app....
Savings
by Boom Community BankBoom Community Bank offer instant access savings for individuals, charities, organisations and businesses looking to make a local impact. Boom Community Bank savings accounts can be managed using the app....
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