Take A Break From The Big Bank!
Because we’re not-for-profit, our personal loans offer a whole lot more than the big banks.
Take a look at the loans. Better rates, no robots, just fair decisions from real people.
Better Overall
Your not-for-profit bank has lower loan interest rates because we don’t have those big bank overheads, outside investors or shareholders.
We don’t do automated decisions or customer profiling. We do Loans for humans, by humans.
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
Always lower rates than the big banks for loans under £4,750
Always Lower Loan Rates
On average you’ll pay £585 less in interest by borrowing with us instead of a high street bank.
Based on a £3,000 loan over 36 months at 10.5% APR compared to the same borrowing with SB, Barclays, Nationwide, Halifax, Lloyds, Natwest, RBS, First Direct & HSBC* Example: Interest payable: Halifax loan (26.7% APR) interest charged £1231.44. Wessex Community Bank (10.5% APR) interest charged £510.25. Reviewed monthly. Correct Nov 24
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.
With every single loan repayment you make, you’ll be saving a little bit as well into your personal cashback savings account.
Apply Now
Let’s get a personalised loan quote that’s right for you.
Are you a member of Wessex Community Bank?
Do you currently have a loan with us?
What are you looking for?
Your Employment Status
To qualify for this loan you must have at least one benefit paid into the bank to repay your loan from. You will not receive the loan until the first benefit is received.
Your personalised loan quote is being prepared. Click Calculate When Ready.
FAQ
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Our Cashback Loan is a unique way to borrow money while building up your savings. Every repayment includes a small savings amount, so by the time your loan is fully repaid, you’ll have a savings pot waiting for you.
It’s an innovative and well-known loan offer by Wessex Community Bank, designed to help you borrow responsibly while strengthening your financial resilience. If you’re looking for a loan that helps you save, this is one of the most popular products offered by Wessex Community Bank.
You could build savings of as much as £300 on a £1,000 loan. That is something to look forward to.
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Yes. Our interest rates are guaranteed to be lower than the top ten high street banks for loans up to £4,750.
We’re also significantly cheaper than any payday lender. Because we’re a not-for-profit community bank, we don’t need to generate profits for shareholders.
This means we can offer fair, affordable borrowing to people across Hampshire, Portsmouth, Southampton, Bournemouth and beyond. If you're searching for a low-interest personal loan, we’re a trusted alternative.
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We assess every application individually, so while we can’t guarantee approval, we may be able to help even if you’ve had a CCJ or impaired credit, especially if the issue was outside your control.
We look at the full picture, not just your credit score. If your report shows responsible behaviour and not a pattern of unpaid borrowing, we’re more likely to consider your application.
If you're looking for a loan when you don’t have the perfect credit history we might still be able to help. Wessex Community Bank offers a fair, people-first approach.
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Our loans come with benefits you won’t find anywhere else in one package:
Low guaranteed interest rates
A built-in savings element
A three-month payment holiday
No early repayment penalties
No hidden fees
All of this is included in one fair, transparent loan. It’s part of our mission to provide ethical, supportive lending, so you can borrow with confidence and build financial stability along the way.
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Yes. We offer loans to people from all backgrounds and employment statuses from people working full-time to those who are unemployed, on Universal Credit, working part time, or on a low income.
We believe access to fair credit shouldn’t depend on your job title or income bracket. We don’t just serve the financially excluded, we support everyone in our local community, regardless of circumstance.
If you're looking for loans for people on benefits or low income, Wessex Community Bank is here to help.
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Every loan application at Wessex Community Bank is assessed by a real person, not a program.
We don’t use automated credit scoring or borrower profiling, because we believe decisions about your finances should be made by humans, not machines.
Our team looks at each case on its own merits, so whether you're applying for a small personal loan or need a bit of extra help, you’ll be treated as an individual. If you’re searching for loans assessed by a human, we’re proud to offer a fair, personal approach.
It's All In The Name
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.