All of us manage our money differently – and for some of us having to wait until payday can mean needing to rely on an overdraft, credit card or payday loan.

To support #TeamGateshead colleagues with their money, we provide access to all Gateshead Health colleagues (please note: this offer isn’t available to our QE Facilities colleagues at this time) to Advance from Salary Finance and have done since we launched the service back in February 2020.

Advance is designed to help avoid the need for high-cost debt by giving you access to your pay, more often and when you need it. With Advance you can access up to 50% of your earned pay, up to twice a month, in addition to your normal payday, providing you with the additional flexibility to manage your money in the way that suits you best.

Don’t forget, through Salary Finance and available to you anytime, you can also access options to:

• Borrow affordably, through salary
  Access affordable loans with lower interest rates. It can be used to pay off existing debt quicker and cheaper, cover an unexpected expense or help you achieve your money goals.
  Representative Rate 9.9% (fixed).
• Save easily, through salary
  Save directly from your salary to help you achieve your saving goals.
• Help to Save: With this government-backed scheme, anyone receiving Working Tax Credit, Universal Credit or Child Tax Credit could earn bonus payments on their savings. Earn up to 50p for every £1 saved.
• Learn better money habits.
  You have access to educational resources in all shapes and sizes to suit different financial situations and learning styles.

To find out more, just visit our dedicated Salary Finance portal at gatesheadhealth.salaryfinance.com. Remember, you can always find out more about the different financial wellbeing support options available to you by downloading the new #GHMoneyMatters Guide to Financial Wellbeing, available via the button below.

Important: The “Advance” product is not a regulated lending product. This is an option, not a recommendation. Gateshead Health NHS Foundation Trust does not benefit from offering this service and all your communications will be with Salary Finance. Loan applications will be assessed to ensure the loan is appropriate and affordable for you. “Learn” content is for guidance and educational purposes only and is generic in nature. Salary Finance does not offer regulated financial advice. Please seek independent financial advice.