If your employer is one of our payroll partners and you automatically save with us through deductions from your payroll, then we can offer you a preferential loan interest rate through our Payroll Loans.

You can borrow up to £15,000 and repay the loan over 60 months. The interest rate is better than with our standard Smart Loans making those repayments even more affordable and flexible!

You can have a Smart Money Payroll Loan for almost any purpose:

  • New car purchase
  • Unexpected bills (pet bills for example)
  • Furniture
  • DIY at home
  • Landscaping
  • Holidays
  • Weddings or other celebrations

We can also help you refinance your debts onto one affordable Payroll Loan – make your debts more manageable and replace all your high-interest debts with a single, affordable monthly repayment.

Applying for a Payroll Loan from Smart Money Cymru is simple. Just press the link or call our office for a chat with one of our friendly customer advisors.

To assess the loan application, we need to view the past three months banks statements from the applicants bank account. At the final stage of the online application, it gives you the option to use our open banking link to provide bank statements to support the application. We recommend all members who have an online banking facility on their bank accounts to use the link which gives us permission to view the statements. Using the link will also ensure a quick response to the loan application. For members who do not have online banking, we ask that 3 months of paper statements are brought into one of our branches to support the application.

A credit check may be performed on applicants looking to borrow from Smart Money Cymru Community Bank.

Apply Today