Understanding Salary Finance Advance

What is Advance and how does Advance work?
Advance provides the ability to access a percentage of your earned pay before payday. It is not a loan, and simply allows you to withdraw some of the money ...
Mon, 2 Sep, 2024 at 12:34 PM
What can I use Advance for?
Advance is designed to provide you with the flexibility to manage your money in a way that works best for you. By giving you access to your pay when you nee...
Mon, 2 Sep, 2024 at 12:35 PM
What is the fee for Advance?
A simple fee of up to £1.69 is charged per Advance transaction. You will see the exact amount you can advance including the fee when you log into your accou...
Mon, 2 Sep, 2024 at 12:36 PM
How to use Advance responsibly?
Take Only What You Need.  When requesting an Advance, carefully consider how much you need to cover your immediate expenses and try not to take more than t...
Mon, 2 Sep, 2024 at 12:36 PM
How does taking an Advance impact my salary on payday?
Salary Finance allows you to access your money as soon as you've earned it, ahead of payday. This means on payday the amount you advanced in that pay p...
Mon, 2 Sep, 2024 at 12:37 PM
Does Advance impact my credit score?
No. Advance is not a lending product and has no impact on your credit score. Advance gives you access to some of the money you have already earned but have ...
Mon, 2 Sep, 2024 at 12:37 PM
Can I request a higher amount to Advance if I face unexpected costs?
No, Advance is not a loan, it simply gives you the ability to access some of your earned pay before payday. The percentage of your earned pay you have acces...
Mon, 2 Sep, 2024 at 12:38 PM
Is Advance a payday loan?
No. Your Advance balance represents some of the money you have already earned but have not yet been paid. This allows you to access some of your own money a...
Mon, 2 Sep, 2024 at 12:39 PM
Is there any interest?
No, there isn't. Advance is not a loan, so the only fee to be paid is the up to £2.19 fee per Advance transaction.
Mon, 2 Sep, 2024 at 12:39 PM