But we do. Many people struggle when faced with unexpected costs. Rather than take advantage of money misery, we want to end it. Salad Money is different because:
We exist to solve the high-cost loan problem, not keep investors happy
Our service funds free financial education for employees
We behave responsibly and we invite scrutiny
We are overseen by an independent body
We provide loans exclusively to NHS employees of up to £1000.
Depending on our 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 benefit of being offered at our lowest interest rate.
Open Banking is a secure method for sharing your financial information with trusted organisations. If you give permission, it works by connecting to your online banking service. It doesn’t allow anyone to make payments from your account or make any changes. And you’ll never be asked to give your login details to anyone except your own bank or building society. It’s the digital equivalent of giving someone your printed bank statements.