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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)

Rent Deposit

I had a loan for rent deposit and they were so helpful and money was in the account that day Reviewed on: 17th May 2023

Fast , easy

Quick and easy to apply for. In the bank quickly Reviewed on: 16th May 2023

Great service

Whenever I had a financial difficulty, I always tried to get loan support from credit union. It is easy and quick too. Because I have been paying it on time they have offered me the amount I’m asking. Really appreciate and grateful. Reviewed on: 16th May 2023

Great cheap loans

So easy to apply and get a loan whilst saving at the same time. Payment made directly from my wages every month. Wish i used them 21 years earlier when I first started with the Co-op. Reviewed on: 16th May 2023

Only company I will use for a credit loan. Easy to apply and get decision next day.

Coop credit union is fabulous. Have had many loans from them over the last 7 years. Just save a minimum of £10 a month. So easy to apply for. Interest rates are low and affordable. The money is taken from my pay before I get it. Would only use the coop credit union for a loan. Reviewed on: 16th May 2023

Cracking Service

A hassel free service, easy and affordable. Great customer service. Top notch, can't think of anything that they could do better. Reviewed on: 16th May 2023

Fantastic service

Amazing service with great rates all while able to build up savings Reviewed on: 16th May 2023

Brilliant!!!

Absolutely spot in communication easy payment plan easy exactly what I needed! Reviewed on: 16th May 2023

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

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