Can’t make a repayment? Don’t be afraid to ask for help Life happens – job loss, illness, family crisis, a sudden increase in living expenses. We understand there may be times when you just can’t afford to make a top-up repayment. Do reach out to us if this happens, rather than Read more…
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 to do is select one. But you don’t have to wait for these notifications. You 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 is one, low, weekly subscription fee, which gives you access to £1000 of revolving credit 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 in meltdown and there’s a bill to pay urgently. However, if you find yourself relying on 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 we moved into our first proper office. To mark the occasion we used washi tape to decorate 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 to take time off. The top-ups allow you to enjoy what, in effect, is paid 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. We’re always looking at ways to improve, so please send your 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 we advance to you. But it’s also a matter of structuring the repayment so you 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 behind the top-ups is simple, as illustrated in these examples: Enabling top-ups Setting up the Read more…
“So how are you different from overdrafts?” It’s a question we get asked occasionally. It’s a simple question, but one that goes to the heart of what SteadyPay’s about. The answer largely concerns design intent. Overdrafts are designed to be a quick fix. They address a symptom of the problem Read more…