Starter Loan
A small first loan to get you started with us. Once we know you and you know us, you can borrow more.
For people who receive benefits and have never had a loan with us before.
How do we compare?
A loan with us
36% APR
Cashfloat
183% APR
LoanPig
292% APR
Sunny Loans
1226% APR
Lending Stream
1333% APR
What’s more, with every payment you make, we help you save for a rainy day. It’s called cashback.
We’re here for you, if you’re here for us.
We’ve been providing affordable loans for people on government benefits since 2001. Thousands of people rely on us to help with not just their first loan, but their second, third and fourth.
It’s a simple idea. If you pay back your loan without a hitch, we’ll do everything possible to offer you another one when you need it. We build long-term relationships.
That way, you can rely on us rather than a payday lender or other high cost lending.
It’s simple, straightforward thinking.
Important!
You must have at least one of your benefits paid into an account with us
You won't receive the loan until we receive your first benefit payment
-
The first loan is normally £500. Once we get to know you, you could borrow up to £2,500.
-
Child benefit
Child tax credits
Working tax credits
PIP or DLA
Carers allowance
Single universal credit
Pension or Pension credit
ESA
Income support
-
Yes. You need to have a least one benefit paid into an account with us to make your regular loan repayments.
Most people choose child benefit, but we accept almost any benefit.
-
That’s OK. We’ll take your loan repayment and send the difference back to your normal bank account the same day. Or, you can save the difference.
-
We want to help people build their savings.
With every loan repayment you make, we put a little extra aside from your loan payment into a cashback savings account. You can access your cashback when your loan is cleared.
-
We will allocate your loan once we have received your first benefit into your account with us.