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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:

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 (168)

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

Reliable and secure company that helped in hard times

Reliable and secure company that helped in hard times Reviewed on: 13th May 2025

Brilliant staff and effectively efficient.

The staff were brilliant when I applied for a loan, they helped me pick the right one that was suitable to my needs. They also explained the different options that I could take. Reviewed on: 13th May 2025

A decade of excellence

I've been getting a Christmas loan every year for 12 years and find there services excellent and reliable, friendly and helpful staff ,can't recommend them enough Reviewed on: 13th May 2025

It was seamlessly easy and affordable

It was seamlessly easy and affordable Reviewed on: 13th May 2025

Car loan

Done online all smooth without issues Reviewed on: 13th May 2025

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

Money co-op are fantastic!

Money co-op are fantastic! They have really helped me sort my finances out and get myself on track to be debt free. They were great at communicating with me, the process was super quick and easy. I couldn’t recommend them more. Reviewed on: 13th May 2025

No issues at all with credit union

No issues at all with credit union Reviewed on: 13th May 2025

Always very helpful and polite.

Always very helpful and polite. I can apply for a loan and don't have to wait for an answer. Payments taken from my wages, so don't have to worry about Payments Reviewed on: 13th May 2025

It’s a great service that helps you take out an affo...

It’s a great service that helps you take out an affordable loan that payments taken out of my wage ensuring it is paid on time everytime Reviewed on: 13th May 2025

I had an easy and straightforward process applying f...

I had an easy and straightforward process applying for a loan. The money co op made everything so simple and easy for me which I was glad about as applying for loans can be stressful. Reviewed on: 13th May 2025

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