Payroll Loans

Borrow as you earn with Derbyshire Community Bank

 

As a payroll member we offer payroll loans that are competitive with other financial institutions, so you don’t pay over the odds.  We offer loans for a range of reasons including home improvements, car purchase, holidays, white goods and debt consolidation.  Whatever your reason, you can be sure of a good deal.payroll loans approved stamp

  • As a payroll member you can make loan repayments direct from your salary through your employer.

Features and Benefits:

  • Loans from as little as £100 up to a maximum of £15,000, unsecured
  • From 3.9% up to 42.6% APR dependent on the loan amount
  • Easy to apply and decisions within 1-2 days
  • No hidden charges or fees or early repayment penalties
  • Repayments to suit you – weekly, fortnightly, four weekly or monthly.

Join DCB

Criteria:

  • Up-to-date on any current or previous borrowing with DCB
  • No recent adverse credit history
  • You must have the disposable income to meet the loan repayments.

Important information:

All loans are subject to status.  Eligibility and conditions apply.  You must work or live in Derbyshire.

Payroll loan amounts in the bracket area of £7,500 – £15,000 will have an APR of 3.9% .

Current payroll partners:

  • Amber Valley Borough Council
  • Derby City Council
  • Derbyshire County Council
  • Derbyshire Dales District Council
  • Erewash Borough Council

If you are an employer and wish to offer this as a staff benefit, please contact us.

Full guide to the use of your information

Staff Benefits

Responsible employers are always looking for ways to provide staff benefits to their employees. Financial worries are a huge concern to employers and workers alike. Debt can cause stress and depression which can lead to reduced productivity or even absences.

Staff benefits

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