New benefit
Workplace Loans
Summary
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Size: £1,000 - £25,000
Length: 1 - 5 years
Rep. APR: 13.9 - 16.9%¹
No hidden fees
Salary repayments
Financial Wellbeing Toolkit
¹Variable per employer
Example loan of £5,000 over 36 months; data aggregated online, 2024
 |  |  |  | |
|---|---|---|---|---|
| Rep. APR | 13.9% | 22.9% | 32.5% | 99.9% |
| Monthly repayments | £168.68 | £187.86 | £214.57 | £339.61 |
| Total repayments | £6,072.36 | £6,762.96 | £7,491.60 | £12,229.96 |
| Extra cost vs. Wagestream | - | £691 | £1,652 | £6,153 |
Selected providers frequently used by Wagestream members.
Wagestream Ltd is a company registered in England and Wales (number 11173225) at 7-9 Rathbone Street, London, W1T 1LY; registered with the Financial Conduct Authority (FCA) (FRN: 902046) as an EMD Agent of Electronic Money Institutions authorised by the Financial Conduct Authority: PayrNet Limited (FRN: 900594) and Modulr FS Limited (FRN 900573); acts as a PSD agent (FRN: 995651) of Bud Financial Limited (FRN: 793327), a Payment Institution authorised by the FCA, for Account Information Services. Registered with the ICO (reference ZA421647).
Where your funds are held by Modulr, (as indicated in the App) please see Modulr for further Modulr details.
Wagestream Finance Ltd is a company registered in England and Wales (No. 12227891) at 7-9 Rathbone Street W1T 1LY, authorised and regulated by the Financial Conduct Authority for consumer lending (FRN: 915914) and for the provision of payment services (FRN: 916866) under the Payment Services Regulations 2017.
Where your funds are held by Modulr, (as indicated in the App) please see Modulr for further Modulr details.
Wagestream Finance Ltd is a company registered in England and Wales (No. 12227891) at 7-9 Rathbone Street W1T 1LY, authorised and regulated by the Financial Conduct Authority for consumer lending (FRN: 915914) and for the provision of payment services (FRN: 916866) under the Payment Services Regulations 2017.
