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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

100% decrease in 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 Co-op Credit Union 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.

Co-op Credit Union personal loan reviews help you find out what it’s really like to be a customer. If you’ve used The Co-op Credit Union before, you can also leave a review and share your experience.

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The Co-op Credit Union Loans reviews (105)

Coop Credit Union Loan cleared debt

Getting a loan with Coop Credit Union meant I could clear my credit card debts. Then I paid back the loan through my pay checks and I am now debt-free : )) Reviewed on: 16th May 2023

Demystifying Borrowing and Saving

It is so empowering to be building up savings whilst repaying a loan. The Coop Credit Union makes it easy - friendly people, straightforward application process which clearly explains the borrower's responsibilities. Always my first port of call to fund holidays, retreats, courses and unexpected extra expenses... Reviewed on: 16th May 2023

It's a great way of borrowing!!

It's great how you can have a loan but also save at the same time it's fantastic!! Great service by coop credit union Reviewed on: 16th May 2023

Credit union loan

Very straightforward and easy to apply and very useful that it can just be deducted from your wage packet Reviewed on: 16th May 2023

Great easy to use with nivo

Had a loan to re furbish garden, looks lovely and have had many hours sitting there now Reviewed on: 16th May 2023

Helped me during a difficult time

I first got a coop credit union loan after splitting with my partner and landing in some financial difficulties, I was worried about Christmas being a new single parent but the coop credit union helped me massively and I recently paid off my loan directly from my salary each pay day! Reviewed on: 16th May 2023

Quick and easy

Coop credit union has been great for me to apply and receive a quick loan no issues and great customer service Reviewed on: 16th May 2023

Credit union

Credit union helped me out when i needed it i was told by a colleague at work about them and got a loan for christmas when i was very low and low on cash i didn't think i would be able to get any presents for my kids but my loan helped me with that and its hood to know that it is there if i need it again. Reviewed on: 16th May 2023

Great fo unexpected expenses

I have needed to borrow twice now and im happy with the service really quick response and the interest rate is ok that gets paid by payroll deduction so i never miss a payment and you save alongside your loan which is also really good an overall exellent service Reviewed on: 16th May 2023

Amazing service

Helped me out when I was going through a difficult time financially. They could have been more helpful and supportive with my application. Reviewed on: 16th May 2023

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