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

Name: Loans
Rating: 4.95 (164 reviews)

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4.96

Based on 164 reviews, last reviewed 17th May 2025

5800% 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

Amazing service great customer service Amazing service great customer service Reviewed on: 17th 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.

The Money Co-op (Formerly The Co-op Credit Union) Loans reviews (164)

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

Marriage Made in Heaven? Absolutely!

When you find yourself in a less than smiley situation out of the blue and knowing that The Money Coop have your back - no questions asked - it's a breath of fresh air. Having loans available that link to your savings - both securing your now and your future is a sigh of relief. Being able to see your loan amount come down but your savings continue to grow - protecting that sunshinier future is like watching a two horse race. Once the shock of why you need the loan has disappeared into low interest rates - it's actually quite fun watching it via their dedicated site. Having The Money Coop on my side is, I imagine, how it feels to be in a safe and secure marriage - I may be forever a committed singleton but I know there is advice, guidance and support there if needed - makes navigating life a little less scary at times. Reviewed on: 13th May 2025

Quick, easy and helpful.

The whole application process was really quick and easy to use. Their communication throughout the process was excellent keeping me informed every step of the way. And once the account was opened they answered a query I had really quickly, send email reminders when payments are coming up. The app is really easy to use too. Reviewed on: 14th May 2025

Great e greatxoeruence.

I needed a loan for a big item and the money co-op was easy, professional, reasonable and excellent value. Reviewed on: 13th May 2025

Very friendly and helpful staff.

Very friendly and helpful staff. They regularly kept me up to date with the progress of my loan application and were very reassuring explaining everything clearly. Reviewed on: 13th May 2025

Members matter most

Every part of the experience was clear, informative and supportive Reviewed on: 13th May 2025

The union was there for me when i needed help the most

The union was there for me when i needed help the most, no discrimination. Reviewed on: 13th May 2025

Any time I request for money is always ...

Any time I request for money is always in time Reviewed on: 13th May 2025

Award for excellence

The money coop loan was easy to apply for and customer service was excellent. They break down repayment's into an easy payment plan. Reviewed on: 13th May 2025

I had very good experience I need money on that time...

I had very good experience I need money on that time and you help me I really thankful to you Reviewed on: 13th May 2025

Help when in need

I had only come across the money co-op middle of last year I was in need of some help financially and applied for a loan, although I was unable to receive the amount I had asked for originally, they had offered me a different amount which helped me loads none the less I was so thankful for this and will definitely use them in the future and would recommend them to anybody Reviewed on: 13th May 2025

No fuss and super happy to help loan processed very...

No fuss and super happy to help loan processed very quickly and fair repayment options Reviewed on: 13th May 2025

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