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The Money Co-op (Formerly The Co-op Credit Union): Loans reviews

Name: Loans
Rating: 4.95 (165 reviews)

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4.96

Based on 165 reviews, last reviewed 18th May 2025

5900% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

97%

3 star

2 star

Latest highest rating:

5

Really good credit union to use The team have always been professional and friendly, quick to help and always on top of their game. The app is easy to use and quick Reviewed on: 18th May 2025

Latest lowest rating:

1

Paying almost 50% in interest. Paying almost 50% in interest. Took it through a workplace loan, and it wasn’t very clear on how much I owed until I left the company. Updated my deta... Read more Reviewed on: 9th April 2024

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About this product

The Money Co-op offer personal loans from £50 up to £15,000.

You can apply online and potentially receive your loan within two working days. Members are required to save a minimum of £10 per month, so as you repay your loan, you’ll build up a pot of savings.

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The Money Co-op (Formerly The Co-op Credit Union) Loans reviews (165)

Money matters and coop know it

Been a credit union customer for sometime now, they're amazing. Little loans for holidays birthdays and Christmas and i dont even notice the amount im paying back. Amazing company Reviewed on: 22nd May 2023

Always there

I’ve been using coop credit union for years now x they’ve helped me consolidate when I was struggling x they’ve helped me go away somewhere nice x there service is quick x they have never met be down when I’ve needed them and I’m saving at the same time xxx Reviewed on: 22nd May 2023

Hello help

Very understanding procedure, very helpful , Reviewed on: 21st May 2023

Affordable loan credit

It's a good benefits for coop colleagues who needs money for emergency Reviewed on: 20th May 2023

so easy

Its really easy to apply and you dont have to worry about repaying as it comes straight out your wages. which is a great idea. great service. Reviewed on: 19th May 2023

Helping hand

Had to get a loan for xmas. It was done in 20 minutes. Cheap and affordable installments. Thanks coop credit union. Reviewed on: 19th May 2023

Easy and Affordable

The Co-op credit union has helped me manage and control my finances. The loans I have took out with them have been easy to apply for, affordable and the staff have been helpful explaining queries both over the phone and through the brilliant online portal. It feels good to know I can lend for emergencies while saving for the future too. Reviewed on: 18th May 2023

Awesome service

Applied for a loan last year, was a quick and simple process and easy to do, money was in my account quickly, repayments affordable and taken straight from wages so you never miss them or a payment. Great service Reviewed on: 18th May 2023

Loan

Excellent staff and offer the best advice depending on your situation Reviewed on: 18th May 2023

A Simple Helping Hand

I was very happy to be able to get a loan to help with household costs. The process of application was very straightforward. The messaging system works very well. It was easy to ask questions and get answers. It was all done very quickly as well. I would rather use a credit union than a bank. Very happy with my experience. Reviewed on: 17th May 2023

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