Everyone faces emergencies & unexpected expenses.
WorkLife Small Dollar Loans
If you don’t have an emergency savings, payday loans can be tempting. 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
Loan will be deposited directly into your bank account
No restrictions on what loan funds can be used for
No-obligation financial coaching available
No prepayment penalties
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
→ Drivers license or passport numbers
→ Social Security number
→ 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 approximately 10-15 minutes. Please have the following information handy: social security number, drivers 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.