The Cooperative Bank Loan Quotes

About Cooperative Bank:

The Co-operative Bank – "The Co-op Bank" – was established in 1898. The original mission of the Co-op Bank was to "provide a save heaven for depositors and provide customers a way that they might purchase homes”. Today the Co-operative Bank offers a wide range of financial services and products for private individuals and business.

A typical loan from the Co-Operative Bank is a personal unsecured loan offered in two interest rate tiers, so you will pay more interest for a smaller loan. Secured loans and mortgages are available at a lower rate. You can apply for a Cooperative loan online, and in most cases you’ll get a very quick decision. You could use Co-op loan for anything including consolidating debts, home improvements or a new car. Co-op loans are available for any amount between £7,500 and £25,000 at 6.9% APR typical. Co-operative loans are available to UK residents who are between the ages of 18 and 65. Applicants must have regular income. In addition the Co-op requires that applicants must never have been declared bankrupt, have had a CCJ, defaulted on a credit agreement or been declined for credit in the last 6 months.

Customer service may be reached at 08457 212 212 during regular business hours. Homeowners and tenants can apply for Co-operative Loan, but one usually needs a very good credit history to qualify. It would be worth-while to compare Co-operative to other UK lenders first.