Everyone loves getting pay top-ups. Less so repaying them. Yeah we get it. We’ve tried to make repayments as easy as possible. On payday you’ll get a notification outlining your repayment options. All you need Read more…
We’re something new to the world of finance – a subscription credit service for people paid by hour. There’s no interest charges and no hidden charges, like missed repayment fees. The only thing you pay Read more…
“The price of anything is the amount of life you exchange for it.” That’s from Henry David Thoreau, a 19th century American journalist and philosopher. It’s quite a neat way to go about budgeting. We Read more…
In our very first blog, we discussed how SteadyPay is different to overdrafts. We thought we’d revisit this, but also look at credit cards and payday loans. Purpose Overdrafts can help when your bank account is Read more…
Welcome to 2019! A common New Year’s resolution is to save money. This means budgeting. You know it’s important. It’s what you need to do if you want to get on top of everyday Read more…
When we started SteadyPay, we worked out of what used to be a yoga studio. It was small, just able to squeeze in four desks. It was all we could afford. Almost a year later Read more…
For a business like SteadyPay, it’s important to keep up with the latest on employment, pay trends and living standards. The Living Wage Week is celebrated in November. To mark this, we’re looking at the Read more…
Taking time off can be a big decision. For those paid by the hour, a loss of just a few days wages can have a detrimental effect on the budget. With SteadyPay you can afford Read more…
The Guardian featured a sobering article on pay volatility recently. The article cited a research report by the Resolution Foundation, a think tank which studies the living standards of those in the UK on low to middle Read more…
Financial wellness, despite its name, is not really about how rich you are. It’s more of a framework for understanding the extent to which you can manage your finances. The key themes of financial wellness are depicted here: Read more…
Average pay is what SteadyPay uses to determine if you’re due a top-up or can make a repayment. Below are illustrative examples (based on a customer that’s paid monthly) on how average pay is used. Read more…
When we set about designing the SteadyPay repayments feature, we wanted to take a different tack to other lenders. Affordable repayments – the what For one thing, we don’t charge any interest on the top-ups Read more…
SteadyPay’s core service is topping up pay. The top-ups allow you to continue to receive your usual pay when it would otherwise take a hit due to taking time off or roster changes. The logic Read more…
“So how are you different from overdrafts?” It’s a question we got asked by one of the first investors we pitched to. It’s a simple question, but one that goes to the heart of what Read more…