FAIR LENDING

We use open banking to assess affordability without using your credit score

We have lent to thousands of NHS staff

NHS Staff Apply Now

SMALL, AFFORDABLE LOANS TO COVER THOSE UNEXPECTED COSTS

We provide loans exclusively to NHS employees of up to £1000.

Depending whether we have a relationship with your NHS Trust, we offer salary deducted loans or loans where we take repayments via direct debit. Salary deducted loans come with the additional benefits that we can offer a 15 day interest free salary advance period as well as a lower interest rate.


ACCOUNT CREATION

ACCOUNT CREATION

Create your Salad Money user account: Supply your simple personal details like D.O.B, address etc.

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OPEN BANKING STAGE

OPEN BANKING STAGE

When you log in to your online banking through our Open Banking process:

  • You allow our system to view your transactions.
  • We have no access to your bank account and can’t make ANY changes.
  • This process enables us to make an affordability decision.

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IDENTIFICATION DOCUMENTS

IDENTIFICATION DOCUMENTS

Submit your identification documents to confirm who you are.

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RESULT

RESULT

Once your ID documents are submitted we are able to confirm whether you are eligible for a Salad Money loan or not.

SAVE WITH SALAD

Comparison of £500 salary deducted loan over 12 months

Salad Money - Logo Satsuma
Monthly Repayment £48.26 £83.00
Total amount repayable £578.68 £996.00
APR 34.9% 535%
Saving £417.32

Our salary deducted loans are for employees of our partnered employers. If your employer isn’t partnered with us our loan repayments are made via direct debit. See a comparison of a £500 direct debit loan over 12 months below

Salad Money - Logo Satsuma
Monthly Repayment £55.17 £83.00
Total amount repayable £660.28 £996.00
APR 69.9% 535%
Saving £335.72

Representative example:

£1000.00 (loan repayable over) 18 months at £82.88 for 17 months and a final payment of £76.11. Rate of interest 54.19% p.a. fixed. Representative 69.9% APR. Total amount repayable £1485.07.