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Wave Community Bank: Loans reviews

Name: Loans
Rating: 4.93 (222 reviews)

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4.91

Based on 222 reviews, last reviewed 11th Jul 2025

79% decrease in 5 star reviews

in the past 90 days

100% decrease in 1 star reviews

in the past 90 days

96%

2 star

Latest highest rating:

5

Always courteous, kind & helpful I've been fortunate enough to have been a recipient of several loans, but even when they couldn't help me their customer care is still outstanding. Reviewed on: 11th July 2025

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 (222)

Consolidation loan

I was in need of a consolidation loan, I used wave as part of my employer they sorted everything out even paid all the creditors for me and transfered what was left would highly recommend wave Reviewed on: 7th April 2025

Good customer service and very friendly staff.

Good customer service and very friendly staff. The overall loan application process was fairly quick. Reviewed on: 23rd September 2024

Just the best stress free loans

They are incredibly helpful and listen to what you have to say and advise you accordingly so it’s stress free and low interest and I know my money isn’t being used for investment accept other people better than other banks Reviewed on: 7th August 2023

I always recommend wave to anyone that will listen

Absolutely amazing. Been with wave for around 3 years now. Beyond amazing. Low interest rates which include savings you can’t touch until your loan is paid off. Reviewed on: 11th July 2023

Accessible

After several years of mental health difficulties, my earnings decreased and my credit rating was impacted. However I was able to consolidate debts twice with Wave. It was easy, and the staff make direct contact with you throughout the process. Wave was there for me when no other loan provider was and it's meant I have been able to pay off debts and save at the same time. Reviewed on: 30th June 2023

The best Bank

I am very happy that I chose this bank Reviewed on: 30th June 2023

Consolidate the easiest way too repay

Experience the best way too repay a loan at very reasonable rates .Friendly efficient staff and rates Reviewed on: 30th June 2023

ETHICAL AND JUST?...

This website is owned by family building society - company house confirms this - but they don’t say this on the website. do you confirm? https://en.wikipedia.org/wiki/Family_Building_Society Reviewed on: 30th June 2023

Big help, changes life

Wave community helps people in need. Easy to apply to them and so very pleased I found them as in my desperate time needing financial assistance they were there. Thank you very much. Reviewed on: 29th June 2023

Speedy no nonsense loan

The team were fast at handling my loan request. They were efficient and clear about what they could offer. Really reasonable loan rate over a reasonable time. And the money goes back in to my local area to support people - couldn't recommend highly enough. Reviewed on: 29th June 2023

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