Payroll loan

  • Anyone can apply

    New joiners and existing members alike, but you must work for a qualifying employer (see the full list at the bottom of this page)

  • Repay over up to 60 months (5 years)

  • Borrow from £500 to £15,000 between 12.7% and 19.6% APR

  • Must repay the loan via your pay packet

  • To apply for over £10,000 you must be a homeowner

  • 19.6% APR is the maximum you would pay

    This is the maximum amount you will pay, and a higher credit score may result in a better rate

  • You can have a maximum of two loans at any time with the Credit Union

  • You cannot be going through a bankruptcy, a Debt Arrangement Scheme, an Individual Voluntary Arrangement (IVA) or a Debt Relief Order (DRO) or Debt Management Plan (DMP)

  • You must not have a County Court Judgment in the last 24 months

Payroll loan

How much do you want to borrow?
To apply for £10,000 or more - you must be a homeowner
How long do you want to repay?
*Your repayments are every month at
Total you will pay:
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* THIS IS THE MAXIMUM RATE YOU WILL PAY AND A HIGHER CREDIT SCORE MAY RESULT IN A BETTER RATE. 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.

To qualify for a payroll loan you must work for one of these employers:

  • Acivico Building Consultancy
  • Acivico DCFM Limited
  • Amey
  • Arthur Terry & Stockland Green
  • Aston Uni
  • ATS
  • BHSF
  • Birmingham and Solihull Mental Health NHS Foundation Trust
  • Birmingham City Council
  • Birmingham Community Healthcare Trust
  • Birmingham Museums
  • Birmingham Women's and Children's NHS Foundation Trust
  • Care & Management Services
  • Central Academies
  • Citizen Housing
  • CitySave Credit Union
  • E-ACT
  • EPM (Academy Schools)
  • Equans
  • Excelsior Academy Trust
  • Friendship Care & Housing
  • Gateway Family Services
  • James Brindley
  • John Paul 2nd
  • Kiers
  • Liberata MOJ
  • Mitie
  • North Warwickshire Borough Council
  • Nuneaton & Bedworth Borough Council
  • Nuneaton & Bedworth Community Enterprise Limited (NABCEL)
  • Serco
  • Shaw Education
  • South Birmingham College
  • Southco
  • Spring Housing
  • St Basils
  • Strictly Education
  • Summit
  • The Active Wellbeing
  • The Elliott Foundation Trust
  • The Binding Site
  • The Royal Orthopaedic Hospital NHS Foundation Trust
  • Trident
  • University Hospitals Birmingham NHS Foundation Trust
  • Veka
  • Warwickshire County Council
  • West Midlands Combined Authority