Reasons to Join Hoot
Hoot is a community owned co-operative that serves the needs of its members. When you join Hoot you become part of a family of members and get access to safe savings and affordable loans.
We estimate that we save our members up to £1m per year in loan interest, had they taken comparable loans from other lenders. This community dividend enables our members to support each other whilst at the same time getting a good deal.
When you apply for a Hoot loan we take your individual circumstances into account rather than rely on a computer to say yes or no.
We lend to a wide range of people, even those with bad credit; but we won’t lend if you can’t afford it or if it means you will get into more unmanageable debt.
Your eligible deposits with Hoot are protected up to a total of £85,000 by the Financial Services Compensation Scheme. For more information go to FSCS.
Plus free loan life insurance. When you become a member and take out a loan with Hoot, you automatically qualify for free life insurance on your loan. (Terms and Conditions Apply)
Hoot is a Co-operative and Community Benefit Society and members are bound by credit union rules. As a member of the credit union you are expected to abide by the rules. A copy of the rules is available from the credit union on request. This is available free of charge in electronic format at any time or as a hard copy if requested within 3 months of your membership commencing. After that hard copies will be charged at £3.
Key points regarding your membership contained within these rules are:
Click below to check your eligibility to become a member of Hoot.
