Payroll Plus Loan
Borrow from £1,000 to £10,000 with a Payroll Plus Loan from Wirral Credit Union.
Designed for employed applicants with a good to excellent credit profile, Payroll Plus offers fair, responsible borrowing with no fees and savings built in.
How it works
Apply online and, if approved, you’ll automatically become a Wirral Credit Union member before your loan is completed.
You can repay over 6 to 60 months, preferably through payroll deduction where available, or by standing order.
As part of Payroll Plus, you’ll also save at least £10 per month alongside your loan repayment — helping you build savings while you borrow.
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Borrow £1,000 to £10,000
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Repay over 6 to 60 months
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APR from 12.68% to 26.8%, depending on the amount borrowed & personal circumstances
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No arrangement fee
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No early settlement fee
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Payroll deduction preferred, standing order accepted
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Save at least £10 per month while you repay
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Online applications only
Who can apply?
Payroll Plus may be suitable if you:
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Are aged 18 or over
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Are employed
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Are eligible to join Wirral Credit Union
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Have a good to excellent credit profile
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Have no active or unsatisfied defaults or CCJs
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Have no history of insolvency
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Can provide wage slips and complete open banking checks
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Can afford both the loan repayment and monthly savings contribution
Saving while you borrow
Payroll Plus includes a regular savings contribution of at least £10 per month.
Savings withdrawals may be restricted while your loan is outstanding. If your loan balance is higher than your savings balance, you will not normally be able to withdraw from your savings.
Receiving your loan
Once approved and your agreement is completed, funds are usually paid to your nominated bank account by the next working day.
Apply for a Payroll Plus Loan
Apply online or speak to us first if you want to check what you could borrow.
