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

Name: Loans
Rating: 4.93 (105 reviews)

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4.93

Based on 105 reviews, last reviewed 11th Jun 2024

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

96%

3 star

2 star

Latest highest rating:

5

I was struggling with debt repayment until I heard a... I was struggling with debt repayment until I heard about the co op credit union. With the loan they gave me it helped me get my head above water payin... Read more Reviewed on: 11th June 2024

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 (105)

Highly recommended

I've already recommended to many struggling friends and coworkers Reviewed on: 11th July 2023

Excellent Service

I have used the credit union to save and for loans for all my 20 years service at the Coop. Having the money deduct from my pay makes it easy. The service and communication from the team is excellent. The website is easy to navigate and monitor my activity. Reviewed on: 15th June 2023

Awesomely Helpful

The Credit Union helps smooth out bills and big money payouts especially when work pay is seasonal or doesn't cover school holiday times Reviewed on: 15th June 2023

Life savers

When everyone else closed the door for us to get a credit in difficult financial situation, only co op credit union opened the door and helped... Reviewed on: 13th June 2023

Life saver

At a time of financial crisis the co op credit union came to my rescue deep in debt and struggling to pay bills they allowed me to pay for essential services and mot for my car saving across the year then getting a loan help me survive I could not thank them enough Reviewed on: 13th June 2023

Loan agreed

Brilliant service and very quick can't praise them enough they've helped me a few times Reviewed on: 13th June 2023

Friendly, Flexible and Simple

Where else can you borrow a small sum to go on a retreat, mend a washing machine, fund a short holiday, do a course? The Coop Credit Union is so approachable and helpful, making otherwise often intimidating or complicated financial decisions completely straightforward and workable. It is so empowering to be saving while repaying a loan, building up credit as I go. Reviewed on: 13th June 2023

Loan

Very good had a loan from them it was very fast and quick very easy process Reviewed on: 13th June 2023

So easy and extremely helpful

Such a good company easy to use app quick to answer and everyone is so helpful not only for borrowing with a great low repayment amount but helped me to save so no worrying for Xmas in the future Reviewed on: 12th June 2023

Fab service

Approved me for a loan to consolidate my debt which was a huge relief. Reviewed on: 9th June 2023

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