Write a review

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

Name: Loans
Rating: 4.95 (168 reviews)

View other The Money Co-op (Formerly The Co-op Credit Union) products

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.

Read all reviews See your review

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:

Affordable loan repayments

I applied for a credit union loan from coop, the repayment rate is affordable. Aswell as paying the loan off you make a contribution to your savings account, this is really good as it all adds up pretty quick. Reviewed on: 7th June 2023

Applying for the loan was very easy to do the proces...

Applying for the loan was very easy to do the process was straight forward no hassle and had a decision the next day Reviewed on: 19th April 2024

Good start.

Good start. Is easy and accessible Reviewed on: 16th April 2024

Great service, affordable accessabe loans and saving...

Great service, affordable accessabe loans and saving services. Easy to get in touch too, very happy with the service they provide. Reviewed on: 9th April 2024

Coop Credit Union review

very affordable loans, helpful in case of emergency (can decide how long to pay off), and easily get small loans - customer service very engaged with customer needs and respond quickly Reviewed on: 9th April 2024

Top notch service

Been using the coop credit union for years now and never once had an issue! Reviewed on: 9th April 2024

Painfree Finance

It is so easy to apply for a loan - even a relatively small one to buy, say a new electrical item, or go on a course. Reviewed on: 9th April 2024

Excellent service and helpful staff.

I've used Co-op credit union on a few occasions, usually to help out around the Christmas period. It's very straightforward, and with affordable repayments. Whenever I've called them, usually to arrange repaying last of the balance from my account, they've always been very helpful. Reviewed on: 9th April 2024

Quick and easy

So straight forward and easy to understand. Customer service exeptional! Reviewed on: 9th April 2024

Excellent service

Always helpful and very competitive rates. Excellent service Reviewed on: 9th April 2024

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 details and then received threatening calls over the Christmas period. Reviewed on: 9th April 2024

Do you have a different The Money Co-op (Formerly The Co-op Credit Union) product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

Alternative products

Bridging
from OSL Financial Services Ltd 0.00 from 0 reviews
Personal loan
from Zopa 4.94 from 65243 reviews
Loans
from Leeds Credit Union 4.58 from 11 reviews

There's still more to see!

The Money Co-op (Formerly The Co-op Credit Union) has a range of products available. Check the ratings of each product to find the right one for you. View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub