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

Name: Loans
Rating: 4.95 (168 reviews)

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4.96

Based on 168 reviews, last reviewed 29th May 2025

6200% 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 easy and great communication throughout the p... Really easy and great communication throughout the process. Everything was explained in really easy terms and followed up with an email. Could not fau... Read more Reviewed on: 29th May 2025

Latest lowest rating:

N/A

This product has not received a review of either 1 or 2 stars.

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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.

The Money Co-op (Formerly The Co-op Credit Union) Loans reviews (168)

Review of the The Money Co-op (Formerly The Co-op Credit Union), Loans:

Quick in responding, thorough with financial checks,...

Quick in responding, thorough with financial checks, I’d be lost without it Reviewed on: 14th May 2025

Used a few times

I have used the co-op credit union a few times for loans to help with paying for family holidays. I never have any issues. They are very quick and help with any queries. Reviewed on: 16th May 2023

Easy, quick and friendly

I’ve been a member for years. I have used the loans and saving service. Always friendly and happy to help. Quick to contact when applying for loans or even just a query! Reviewed on: 16th May 2023

Coop Credit Union Loan cleared debt

Getting a loan with Coop Credit Union meant I could clear my credit card debts. Then I paid back the loan through my pay checks and I am now debt-free : )) Reviewed on: 16th May 2023

Demystifying Borrowing and Saving

It is so empowering to be building up savings whilst repaying a loan. The Coop Credit Union makes it easy - friendly people, straightforward application process which clearly explains the borrower's responsibilities. Always my first port of call to fund holidays, retreats, courses and unexpected extra expenses... Reviewed on: 16th May 2023

It's a great way of borrowing!!

It's great how you can have a loan but also save at the same time it's fantastic!! Great service by coop credit union Reviewed on: 16th May 2023

Credit union loan

Very straightforward and easy to apply and very useful that it can just be deducted from your wage packet Reviewed on: 16th May 2023

Great easy to use with nivo

Had a loan to re furbish garden, looks lovely and have had many hours sitting there now Reviewed on: 16th May 2023

Helped me during a difficult time

I first got a coop credit union loan after splitting with my partner and landing in some financial difficulties, I was worried about Christmas being a new single parent but the coop credit union helped me massively and I recently paid off my loan directly from my salary each pay day! Reviewed on: 16th May 2023

Quick and easy

Coop credit union has been great for me to apply and receive a quick loan no issues and great customer service Reviewed on: 16th May 2023

Credit union

Credit union helped me out when i needed it i was told by a colleague at work about them and got a loan for christmas when i was very low and low on cash i didn't think i would be able to get any presents for my kids but my loan helped me with that and its hood to know that it is there if i need it again. Reviewed on: 16th May 2023

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