Payroll loan
- Apply and join the Credit Union at the same time.
- Can draw down any loan as soon as the first payroll deposit is made.
- You must be working for a qualifying employer.
- When stating how much you want to borrow, include any outstanding balance
- All borrowers must save a minimum of £3 per week or £13 per month on top of the loan repayment. You should take this into account when considering how much you can afford to repay.
- See below for the full list of qualifying employers.
- If you have an existing loan and want to apply for a further advance you must have paid off 30% of the original balance. Please note: - The current existing loan outstanding with us must be over £500 prior to application.
* THIS IS A REPRESENTATIVE RATE FOR QUOTATION PURPOSES. WE WILL BE ABLE TO OFFER YOU AN ACTUAL RATE ONCE WE HAVE UNDERTAKEN A CREDIT CHECK. WHILST EVERY CARE HAS BEEN MADE IN THE PRODUCTION OF THIS WEB PAGE, THE CREDIT UNION, OR ANY OF ITS STAFF, CANNOT BE HELD RESPONSIBLE FOR ANY OMISSIONS, ERRORS OR OTHER MISTAKES MADE. THIS WEB PAGE IS FOR ILLUSTRATIVE PURPOSES ONLY, SO AS TO GIVE YOU, THE BORROWER, AN OVERVIEW OF THE POTENTIAL COST OF BORROWING.
Here is the full list of qualifying employers:
- BHT Early Education and Training
- Bradford College of Further and Higher Education
- Bradford District Care NHS Foundation Trus
- Bradford Teaching Hospitals NHS Trust
- City of Bradford Metropolitan District Council
- Horton Housing
- Incommunities
- Sovereign Health Care
- University Academy Keighley
- Cyrenians
- Carers Resource
- Copthorne School
- Horton Grange School
- Footprints
- High Park School
- Kirklees Metropolitan Council
- Manningham Housing
- Appleton Academy
- Carlton Bowling
- Southfield Grange
- St Bedes Grammar School
- University Academy
- Surestart
- University of Bradford
- West Yorkshire Pension fund
- Christ Church School
- Clayton St Johns School
- Foxhill Primary School
- Grove House School
- Shibden Head School
- St Johns Bierley School