We Beat the Top Ten High Street Banks
Better loan rates and no automated decisions.
Price Promise
Better loan rates up to £5,000.
Based on an unsecured personal loan up to £5,000 compared to the same borrowing with Santander, Barclays, Nationwide, Halifax, Lloyds, Natwest, RBS, First Direct & HSBC. Reviewed monthly. Based on a standardplus loan.
Because we’re not-for-profit, our loans cost less than the big banks and the small ones, too.
Better Overall
No other lender offers more in one perfect package.
Loans from £500 - £5,000
No early repayment charge
3-month payment holiday
Integrated savings
Loans assessed by humans
Guaranteed lower rates than the big banks for loans up to £5,000*
*based on a standard plus loan for full-time employed applicants
You Borrow. You Save.
It’s what we’re known for.
We want to help you build and improve your financial well-being even when you borrow.
That seems like a good idea to us!
With every single loan repayment you make, you’ll be saving a little bit as well into your personal cashback savings account.
-
A Cashback Loan adds a small savings amount to each repayment so you finish your loan with a ready-made savings pot.
It’s a WessexBank exclusive product: every repayment includes a tailored built-in savings contribution, helping you borrow responsibly and build resilience. Many members finish with savings, for example, up to £300 on a £1,000 loan.
-
Yes. We’re always lower than the big banks for loans under £5,000 and far cheaper than payday lenders.
As a not-for-profit community bank, we don’t pay shareholder dividends, so we can offer fair, affordable borrowing across our region. Our rates are guaranteed lower than the top ten high street banks up to £5,000.
-
You must be 18 years old, we can’t accept contract workers, zero hour contracts or self employed applicants.
Every application is assessed individually. We may be able to help when you have a CCJ or impaired credit, if your report shows responsible behaviour and not a pattern of unpaid borrowing.
-
One package you won’t find elsewhere: low rates, built-in savings, a 3-month payment holiday, no early-repayment penalties, no hidden fees.
Everything is designed to be fair and transparent so you can borrow with confidence while building long-term financial stability.
-
Yes. We lend to a wide range of circumstances, including Universal Credit, part-time work, unemployment and low income.
Access to fair credit shouldn’t depend on job title or income bracket. We support people from across the community, not only those with perfect profiles.
-
We’re humans, not robots.
Every application is reviewed by a real person.
We don’t use automated credit scoring or borrower profiling. Each case is looked at on its merits so you’re treated as an individual throughout.
Personal Loans
Our personal loans really are 'personal'. Every loan is assessed on its own merit by a real person.
You're not just another automated decision.
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.