The Coop have been renowned for their ethical approach and customer driven incentives. These values have been kept now that they have entered the personal finance market with this great offer of a Coop personal loan.
Coop Personal Loan - APR Amounts
Loan Amounts and APR |
£2,000 to £4,950 |
6.5% |
£5,000 to £25,000 |
6.1% |
More Coop Loan Details
Minimum Income |
£10,000 |
Minimum Age |
23 |
Arrangement Fee |
None |
Early Repayment Penalty |
2 month interest |
Repayment Periods |
1 to 7 years |
Repayment Holidays |
No |
The Coop bank really have put together a great loan offer. The rate is not the cheapest available for larger loan amounts but is still very competitive. For loan amounts below £4,950 the typical APR is only 6.5%, one of the cheapest rates found online.
You can also have same day money transfer via CHAPS for a sum of £25. Considering that most other lenders charge around double that figure this can also be considered good value if you need the funds in a hurry.
Also, as always you can be assured that with the Coop's ethical policy that you can be certain that the money you borrow has not come from the profits of
unnecessary pollution, human rights abuses or any other activity which conflicts with this policy.
To find out more visit the Coop website today.
** Offer withdrawn**
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