Ethical loans

Our low rate personal loans can be for almost any purpose


Get that personal loan from a local bank, run by local people, for the benefit of local people. 

Take a break

All standard loans come with a 3 months repayment holiday that can be taken one month at a time, or in one go

Pay it off

Pay your loan off early & we guarantee they'll be no 'rounding up' of interest charges until the end of the month.

Get flexible

Pay by direct debit or standing order. Pay weekly or monthly. It's your choice.

Be happy

Know that your loan is with a local not-for-profit community bank. 

What's your loan called?


A loan for employed with a good credit history with interest rates from 4.6% APR

Standard save & loan

A loan for employed with an OK credit history and you're working things out

Community Save & loan

Your in receipt of government (DWP) benefits only or a low income and need a small loan


We treat all our customers as individuals and all loans are assessed on their own merit. Loan decisions are normally made within 48 hrs, and loan allocations can be made the same day in to any UK bank. 


Flexibility as standard.

  • No penalty for repaying your loan off early
  • No set up fees
  • No late payment fees
  • Interest charged daily
  • Pay weekly, fortnightly or monthly
  • Pay by standing order or direct debit
  • 3 months payment holiday (in one go or seperately) Available on selected loan products


Standard criteria.

  • Minimum age - 18years
  • Max age at loan end - 75
  • Minimum loan - £350
  • Maximum loan - £7,499*
  • Employed or benefit income considered
  • We are unable to lend to: self employed | zero hr or contract worker

*dependent on loan type


Representative example: 4.6% APR Representative based on a loan of £7,000 repayable over 60 months at an interest rate of 4.6% pa (fixed). Monthly repayment of £130.50 Total amount payable £7,820



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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Wessex Community Bank.