Is it a bird? Is it a plane?


We can offer lower personal loan interest rates than the big banks because we're not-for-profit cooperative bank.



That's the stuff of Heroes!




It's the new way to borrow money!



We help you borrow and save at the same time - it makes perfect sense.

Get an amazing low-rate loan from your local bank and when your loan ends you will have built up an amazing pot of gold!



We want to help you build and improve your financial well-being - even when you borrow.


That's why, with every single loan repayment you make, we stash a bit of cash away for you at the same time into your personal cashback savings account.


You won't pay any more on your loan and it won't take any longer to repay. It's just a great way to save


You borrow. You save. Simple.



No shareholders, investors or expensive overheads equals lower personal loan rates than the major banks, up to £4,999.



19.9% APR


20.9% APR


20.8% APR


8% APR

Example based on a standardplus loan borrowing £3,500 Jun 22.




Personal Loans


It's all in the name.


Our personal loans really are 'personal'. Every loan is assessed on it's own merit by a 'Human'.


You're not just another automated decision.







Enter your details for a guide to your loan repayments


Do other lenders give you all this and a low rate loan ....



Most loans come with a 3 months repayment holiday.



Pay your loan off early with no sneaky charges.



You'll be part of honest & genuine cooperative banking. 



Borrow and save at the same time with the CASHBACK! Loan.


Representative example: 8% APR Representative based on a loan of £2,500 repayable over 24 months at an interest rate of 11% pa (fixed). Monthly repayment of £116.52 Total amount payable £2,796.47. Rates vary depending on your personal circumstances. This calculator is a guide to repayments.  You will not pay back more on your loan than you would otherwise by taking out this product. Do not take out this type of loan purely on the basis of obtaining a cashback.


We currently can't lend to you:


If you are on contract or on zero hr

If you have had a Debt Relief Order (DRO) in the last 6 years

If you have had an Individual Voluntary Arrangement (IVA) in the last 6 years

If you have been employed less than 6 months


Standard criteria


Minimum age at outset - 18

Max age at loan end - 75

Minimum loan - £350

Maximum loan £4,999

Maximum loan - £15,000 when secured against savings

Employed or benefit or pension income considered


Flexibility as standard


No penalty for repaying your loan off early

No set up fees

No late payment fees

Interest charged daily

Pay weekly, 4 weekly, fortnightly or monthly

Pay by standing order or direct debit

3 months payment holiday (in one go or separately) Available on selected loan products

*dependent on loan type


Small print

Make sure you can afford the repayments. A loan is an important financial commitment and failure to keep to the monthly repayments may result in an adverse effect on your credit rating. Always talk to us if you are experiencing financial difficulties. Applicants must be aged 18 or over. Loans subject to status. 

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The Not-For-Profit Ethical Cooperative Bank