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The Co-op Credit Union: Loans reviews

Name: Loans
Rating: 4.93 (105 reviews)

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4.92

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 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.

The Co-op Credit Union Loans reviews (105)

Review of the The Co-op Credit Union, Loans:

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 paying just having one payment going out by consolidating my debts. Reviewed on: 11th June 2024

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

A really useful backup

I save with them so that when needed I can get a good rate on a loan Reviewed on: 16th May 2023

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