For great value savings and loans
Flexible, no notice account so you can access your money when you need it. Save little and often or make lump sum deposits. If you are willing to lock away your money for 12 months and deposit a minimum of £1,000 you can enjoy a market beating rate of 1.5% AER.
Interest is charged on the declining balance, with no early repayment penalties you have the flexibility to pay early and reduce the interest you are charged. When you repay your loan we allocate a proportion of the repayment amount to a savings account, helping you build a small pot of savings, reducing your need to borrow in the future.
Our Payroll Deduction Scheme means that you can save money, and make loan repayments, directly from your salary! This makes it easier than ever to manage your finances, and build your credit score.