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Wave Community Bank: Loans reviews

Name: Loans
Rating: 4.83 (225 reviews)

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4.83

Based on 225 reviews, last reviewed 12th Apr 2026

300% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

96%

2 star

Latest highest rating:

5

If you don't succeed first time, try again. At first I was turned down, a couple of months before I got accepted. I applied again, after I had explained I would be better off, paying off cred... Read more Reviewed on: 12th April 2026

Latest lowest rating:

N/A

This product has not received a review of either 1 or 2 stars.

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About this product

Wave Community Bank follow a strict ethical lending policy for loans.

There are no arrangement fees for a Wave Community Bank loan and repayments include a savings element so you build a savings pot as you pay off the loan. Loans are also available to members aged 70 and over.

Wave Community Bank loan reviews help you find out what it’s really like to be a customer. If you’ve used Wave Community Bank before, you can also leave a review and share your experience.

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Wave Community Bank Loans reviews (225)

Helped me when nobody else would.

Wave helped me secure a deposit for my privately rented flat. In return that I pay £20 a month. I was well and truly on my ass having just been released from HM prison, I had pretty much lost everything through my own wrongdoing, however wave helped me to lay the foundations for positive change. I'm currently still in the same property 2 years on living an honest and productive life. Reviewed on: 16th May 2022

Number one Community Bank of the Nation

Excellent loan offers and lowest interest rates in the country. The Apps are user friendly and very interactive. Reviewed on: 16th May 2022

Handy and easy to use

Very happy setting up my account online and making a regular deposit. Communications are always clear and timely Reviewed on: 16th May 2022

Switched on and local

Love being a part of Wave. It's local, supports my community and offers great products. It also has a very smart app too, so we can access and move our money easily. 10/10! Reviewed on: 16th May 2022

Very helpful

I have been with these for years and have always helped me when needed and very good for saving money too Reviewed on: 16th May 2022

Excellent Community bank

I would definitely recommend the Wave Community bank the volunteers are really helpful Reviewed on: 16th May 2022

An excellent service for the local community

Banking and loans for all, not only those who have a choice of financial services but for those who haven't. Reviewed on: 16th May 2022

Great Service

They have an amzing service plus you can get loans ethically and whithing helping the community Reviewed on: 16th May 2022

Helped me with a loan for new boiler

It was really easy to do and not only did they help me buy a much-needed boiler but they also got me saving money too! Reviewed on: 16th May 2022

An absolute compassionate lifeline with a smile

How do they do so much good on mainly volunteer workforce! Reviewed on: 10th July 2021

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