Loans@Work

If you work for one of our Money@Work partners, you could qualify for a discounted loan and easy repayments direct from your salary

Borrow from £100 to £15,000

How would you like to pay back?
(Select a time period)

Affordable loans from your salary

Borrowing gets even simpler and more affordable if you work for one of our Money@Work partners. Repayments are made directly from your salary, so you can relax knowing that as you earn, your loan is automatically being paid off. 

Now you could benefit from even bigger savings on top of the year-round loan discounts we offer to Money@Work members. Apply for a loan of £4,000 or more before 28th February and you could qualify for an extra 2% reduction on APR to help turn your big new year dreams into reality. Read the full terms and conditions here.

Loans@Work special offer 

From £4,000 to £7,499: standard rate 9.9% APR, now 7.9% APR

From £7,500 to £15,000: standard rate 6.9% APR, now 4.9% APR

 

Representative example comparison*  

You could save over £700 by borrowing from GWCU.

Borrow £6,500 from Lloyds and repay £228.56 over 36 months. Total amount payable £7,999.60, including interest of £1,499.60 at 15.4% illustrative APR Representative. 

Borrow £6,500 from GWCU and repay £202.67 over 35 months with a final payment of £202.61. Total amount payable, £7,296.06, including interest of £796.06 at 7.9% APR Representative. 

*Rates correct as of 10/1/2022   

You need to work for one of our Money@Work partners to apply, please select your employer from the list below. If your employer isn’t listed and you would like to see our payroll savings and loan scheme in your workplace, then please get in touch. Email hello@moneyatwork.org.uk, and we'll contact your employer with more details.  

Money@Work partners

Please select your employer to apply for this loan

Please select your employer above to apply for this loan / savings account

Interest rate

From £100 to £1,999 - 23.1% APR
From £2,000 to £3,999 - 16.0% APR
From £4,000 to £7,499 - 7.9% APR
From £7,500 to £15,000 - 4.9% APR

Representative example

Borrow over months, and repay per month, total amount payable (including interest of ) is . % APR representative.
Try our calculator to see what your payments would be and the total interest you would pay based on your borrowing requirements. Try the calculator

We’ve been helping local people borrow better for over 20 years

We’ll consider you for a loan, even if you’ve been turned down elsewhere

99% of our borrowers are happy with our service

Our loans have a 5-star rating from the Fairbanking Foundation

FAQs

Money@Work is our employee benefit scheme that can help support employees’ financial wellbeing.  We work with employers from across the region to benefit hundreds of employees with an affordable way to borrow and a safe way to save directly from their salary. 

Yes, although you will need to apply for one of our other loan products. Take a look at our loans page for details.

If you leave your employer, then please let us know. We'll transfer any outstanding loan repayments onto Direct Debit. 

If you would like your employer to offer our payroll savings and loan scheme in your workplace, then get in touch! Email hello@moneyatwork.org.uk, and we'll contact your employer with more details. 

View more FAQs

Repaying my loan by payroll deduction makes it really easy and the interest rate is competitive too. What’s not to like?
James

Eligibility

To apply for a loan, you need to meet the following criteria: 

  • Age 18+ and work for one of our Money@Work partners 
  • You have a regular income over £450 per month 
  • You have enough disposable income to meet the loan repayments 

Choose how much you would like to borrow

Take a look at our loan calculator to see how much you could borrow and what the loan would cost. 

We offer loans from £100 to £15,000, subject to status.

Our rates are fixed and depend on the amount you are asking to borrow.

Try the loan calculator

Have your documents ready

You'll need an email address and mobile number to start your application. Make sure you also have your pay number (you can find this on your wage slip), National Insurance number, income details and bank details handy, plus proof of identity. 

If you are unable to provide these during your application, you can save and complete at one of our branches or service points. 

Find a branch

Start your application

Now that you have everything you need, select your employer and get started on your application. It takes about 15 minutes to apply online and get a decision, and you can save your application at any time and come back to it later. 

Select your employer

Not sure this is the right loan for you? Have a look at our other products

View our other loans

Need some help?

Get in touch