Making your goals a reality

Thu 07 May 2020

loans
Could a personal loan help you get there?

 

Do you have a specific life goal that you’re working towards? Renovating a home, upgrading your car, a big holiday for when lockdown is over or potentially a wedding?

 

To ensure you have access to the products and services that could help make these goals a reality, we’ve recently partnered up with Salary Finance. A Salary Finance loan is an option that could help you to consolidate existing debt or for a certain goal.  

 

Please note that if you refinance any existing debts, you may pay a higher rate of interest or make repayments over a longer term. This means you may pay more interest overall.

 

Currently Salary Finance loans are only available to Serving and Retired Officers, Staff, Special Constables and PCSOs. Loans are not currently available for family members, but this will be following soon and we’ll update you when this will be available. Loans are not currently available for PSNI members and their families.

 

Loans start from 3.9% APR (fixed) with a Representative APR of 7.9% (fixed).


How do Salary Finance loans work?

You are eligible for a Salary Finance loan if you:

  • Are a Serving or Retired Officer, Police Staff, PCSO or Special Constable
  • Are over 18 years old
  • Have an income over £6,000 before tax
  • Have lived in the UK for at least 3 years


Representative Example: Total amount of credit: £9,000. Term: 36 months. Interest rate: 7.9% APR (fixed). Monthly payment: £280.48. Administrative fees £0. Total amount repayable: £10,097.41. Representative APR 7.9% (Fixed)

 

To find out more and apply, click here.

Important things you need to know

Salary Finance is a trading style of Salary Finance Limited.

Applications will be assessed to ensure the loan is appropriate and affordable for you.

PMGI Limited, trading as Police Mutual, is acting as credit broker for Salary Finance Limited. Salary Finance Limited acts as credit broker exclusively for associated company Salary Finance Loans Limited, which is acting as lender for the purposes of entering into a consumer credit agreement


Type of article: News
Category: Life events

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