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Review of the Boom Community Bank, Loans:
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not a fair company

1
I was given a loan which I paid off. I had my child benefit directly paid to them. I also made extra payments whenever I could also, even though I didnt need to. I thought by doing this they would see I am reliable and be able to give me a second loan once I had paid off my first. They declined me. I think its wrong to accept all the interest on top, accept early payments when they dont plan on giving a second one after proving yourself to be reliable. I also have my personal child benefit money directly to them so was shocked when I was turned down after being so sensible and trying to pay them off sooner. Highly dissapointed. They mentioned how there lending policies may of changed but I just didnt think it was fair at all. When I first signed up some members of their team were struggling to send people the right form in order to change the child benefit account details and helped a lady out with that also, who was very grateful that i helped. So just feels like a slap in the face Reviewed on: 10th August 2024
Review of the Boom Community Bank, Loans:
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Boom bank are a good company

5
I enjoy boom bank as they allow you to save while paying off the loan. However ive paid more than half off and not allowed another one even though im earning enough etc. its a shame they wont allow me another one but think the saving feature is truly amazing. Extremely helpful Reviewed on: 2nd May 2024

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