FAIR LENDING.

FOR EVERYONE.

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

We have lent to over 1,500 NHS staff

SMALL, AFFORDABLE LOANS TO COVER THOSE UNEXPECTED COSTS

We provide loans exclusively to NHS employees of up to £700.

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.

SELECT YOUR NHS TRUST

Apply now

ACCOUNT CREATION

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

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.

IDENTIFICATION DOCUMENTS

Submit your identification documents to confirm who you are.

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


Monthly Repayment	£49.10	£83.00
Total amount repayable	£588.97	£996.00
APR	34.9%	535%
Saving	£407.03

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


Monthly Repayment	£54.50	£83.00
Total amount repayable	£652.11	£996.00
APR	69.9%	535%
Saving	£343.89

Representative example:

£500.00 (loan repayable over) 12 months and 15 days at £49.10 for 11 months and a final payment of £48.87. Rate of interest 0% fixed for the first 15 days followed by rate of interest 30.33% p.a. fixed. Representative 0% APR period of 15 days followed by 34.9% APR. Total amount repayable £588.97.