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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

86% 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)

The wonderful wave

I've been with the wave community bank for years, but have only just applied for a loan. They have been amazing helpful and extremely friendly. Since first applying the replies have been almost instant. There has been excellent communication and advice in all processes along the way. I am now able to pay off my credit card debit and build up my savings at the same time. I would highly recommend both the savings and the loans department to anyone. Reviewed on: 29th June 2023

Simplicity and affordability

I was a little dubious at first when applying for a wave bank loan. However, after following the simple application process and the way the loans are managed I was very happy to be accepted. The way they manage the loan and make it very easy to pay back early if required allowed me to save the Nye test payments and make the loan affordable in the long term. I found the customer services to be exceptionally professional and knowledgeable when I had a query. I would, without hesitation, recommend this company to all who have a requirement for savings and/or loans. Reviewed on: 29th June 2023

Great customer service

I found the whole process simple and the customer advisors I spoke to were very helpful and easy to talk to. Great to have savings plan alongside paying loan payments. Highly recommend wave community bank. Reviewed on: 29th June 2023

fantastic opportunity for everyone

my family could not have gone on a much deserved holiday if it wasn't for an affordable loan...and my whole family are very grateful...THANK YOU. Reviewed on: 29th June 2023

Amazing service!

Wave bank was very helpful for me when I needed a loan, they approved my loan very quickly and was very friendly when they phoned me, very helpful and always there to help! Thanks wave bank! High recommend Reviewed on: 29th June 2023

Loans

Application process is relatively straightforward and paying the loan back you can save at the same time so it’s a win win Reviewed on: 29th June 2023

Lovely staff and great service

Very easy to use and staff are always very helpful and polite. Reviewed on: 29th June 2023

Helped me pay debts

Help me pay catalog debts as paying but interest was to high wave helped me and now I’m debt free Reviewed on: 29th June 2023

This company is a good send!!!

It helps me when I want to treat the kids or just buy something new for the house that I would have to save for usually, and while this is great I’m also saving money that I wouldn’t usually be able to do. Totally great all round Reviewed on: 29th June 2023

Wave Community Bank Loans

This is the best bank I have banked with and had a loan from.It’s amazing that you can save while paying back your loan and not many banks offer this service.As it’s difficult to save these days because of the high cost of living.I would definitely recommend this bank to family and friends. Reviewed on: 29th June 2023

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