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Consolidate in November, Pay in January

We are offering our Payroll members the opportunity to consolidate their debts to us and defer their repayments until January 2023.

This means you could consolidate your debts to us and have no repayments to make until the new year. Giving you more flexibility over the festive period.

You simply need to sign into your account to apply, and choose the “Debt Consolidation Loan” form to submit your application.  We will automatically check for eligibility to this offer when your application comes through to us.

Use our Consolidation Loan Calculator to see how much you could save:

Consolidation Loan Calculator

Who you owe
Remaining Balance (£)
APR (%)
Existing Monthly Repayment (£)
Total repayable
and wish to pay it off over 25 months (use the slider below)
Our Monthly Repayment: 0
Total Amount Repayable:
Representative APR: 42.6%

You may pay £0.00 less per month

It may cost you £0.00 less interest over the loan

Please be aware that this is not a loan offer and the figures quoted in this document are based on the Representative APR which may differ from the actual APR you qualify for after we have conducted a credit search. As a result, this should only be used as an indicative illustration.

The calculator is for illustration purposes only. Rates may be withdrawn at any time. We reserve the right to refuse any application.

Apply now


What is debt a consolidation loan?

A debt consolidation loan is a type of loan that’s used to combine all your existing debts into one loan. All you’ll need to do is use our Consolidation Loan Calculator to calculate the amount you need to apply for and if approved, we will directly pay off the debts you owe. You’ll then repay the loan over the agreed term.
Not only could a debt consolidation loan make your debt easier to manage, but it can also reduce the amount of interest you pay and your total monthly payments, by having all your debt in one place at a lower interest rate.

Is debt consolidation a good idea?

Whether a debt consolidation loan is a good option for you will depend on your financial situation.


  • Reduced monthly repayments
  • Lower overall interest rate
  • Easier to manage
  • Boost your credit score


  • Missed repayments have consequences on your credit score and your ability to borrow in the future
  • There may be settlement fees on your debt from your existing creditors
  • There may be 0% options available
What debts can I consolidate?

You can consolidate:

  • Personal & Payday Loans
  • Credit & Store Cards
  • Mail Order Catalogues
  • Overdrafts
  • Buy Now Pay Later (that are not interest-free)
How will you pay my creditors?

You will need to supply us with written confirmation from your creditors of the following:

  • Balance or Settlement Figure (for loans)
  • Reference/Account Number
  • The creditor’s Sort Code and Account Number

These will usually be on your PDF statements or within your online portals.

When will I make my 1st payment?

Your 1st payment will be from your January salary.

Will I still be charged interest?

Yes, interest on your loan will accrue from the date your loan is granted.

Do I have to start my repayments in January?

No, if you wish them to start from your 1st available payday in November or December, just let us know.

Do I have to save alongside my loan?

Yes, a savings amount will be set up alongside your loan payment. Usually around 10% of your loan payment.

What's the minimum/maximum I can borrow?

We offer loans from £1,000 – £15,000

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