Managing your finances can sometimes feel like a juggling act—unexpected expenses crop up, and payday can seem far away. If you’re searching for “payroll loans near me,” then look no further. Northern Community Bank’s exclusive £750 Payroll Plus Loan is designed to provide quick access to funds with hassle-free repayments, deducted directly from your wages.
What is the £750 Payroll Plus Loan?
The £750 Payroll Plus Loan is a simple and convenient way for employees of our Payroll Partners to borrow money without the stress of complicated application processes or hidden fees. With automatic repayments through payroll deduction, you never have to worry about missing a payment.
Why choose Northern Community Bank’s £750 Payroll Loan?
- Fast access to funds – Our straightforward application process ensures a speedy decision, usually within 48 working hours.
- No credit check – We assess affordability, but there are no credit checks, making it an accessible option for many.
- Easy repayment – Repay directly through your wages, so there’s no need to set up standing orders or worry about due dates.
- Fixed monthly repayments – Enjoy predictable payments, making budgeting easier.
- No hidden fees – Transparent terms, no extra charges, and no early repayment penalties.
- Save while you borrow – A portion of your repayments goes into a savings account, helping you build financial security.
Save as you borrow – a unique feature!
Unlike traditional loans, the £750 Payroll Plus Loan includes a built-in savings element. As you repay your loan, £10 per month (or £3 per week) is automatically placed into a dedicated savings account. By the time your loan is fully repaid, you’ll have built up a small savings pot—perfect for unexpected costs, holidays, or even Christmas shopping!
How it works:
- Check your eligibility – You must be an employee at one of Northern Community Bank’s Payroll Partners for at least one month.
- Apply online – Complete a quick and simple application form online or via the Northern Community Bank app.
- Get approved – Once approved, your £750 loan is deposited into your chosen bank account the same day.
- Automatic repayments – Repayments are deducted from your wages, so you never have to think about making manual payments. Northern Community Bank arrange the deduction with your payroll department but importantly only you and Northern Community Bank have access to your account.
- Manage your loan & savings – Track your balance and payment history via the Northern Community Bank online banking portal or app.
Why Payroll deduction loans make sense
Payroll deduction loans are a great way to manage borrowing without the hassle of direct debits or missed payments. Because repayments come straight from your wages, you can rest assured that your loan is being paid off consistently and on time. Plus, with the added benefit of building savings while you borrow, you’re setting yourself up for a stronger financial future.
If you’ve been searching for “payroll loans near me”, then Northern Community Bank’s £750 Payroll Plus Loan offers a simple, transparent, and stress-free solution. Ready to apply? Check if your employer is one of our Payroll Partners and start your application today!
