Everyone faces emergencies & unexpected expenses.
If you don’t have an emergency savings, payday loans can feel unavoidable. But, it’s easy to get off track by opting for these high-cost loans or high-interest revolving lines of credit. That’s why your employer* has teamed up with WorkLife to offer a better option: small dollar loans paid back through payroll deductions.
No credit check
No restrictions on what loan funds can be used for
No prepayment penalties
Loan will be deposited directly into your bank account
No-obligation financial coaching available
Access to a WorkLife Navigator
→ Loans from $400 up to $1,000 available to employees at participating employers*
→ Maximum interest rate of 18% may apply
→ 12-month repayment period
→ Loans are automatically repaid through payroll deductions
→ Minimum borrow age is 18
→ Routing and account numbers for bank account
→ Driver’s license or passport numbers
→ Social Security number
→ Must be employed for at least one year
→ Contact information for three references (references will not be contacted for the application)
How It Works
1. Online Application
You will be walked through the online application process, which will take 10–15 minutes. Please have the following information handy: social security number, driver’s license or other government issued identification, employment information, bank information, references, valid email address, and employee ID (if applicable).
Pending employment verification and your signature, your loan will be deposited into your checking account in 2 business days.
Loans are automatically paid through your paycheck.
Partnership launching soon