If you've applied for or received an Income Advance through your Pockit account, it was provided by SteadyPay.
SteadyPay is an FCA-regulated lender that has partnered with Pockit to offer Pockit customers access to short-term credit. SteadyPay handles the credit agreement, the lending decision, and repayments. Pockit handles your main account.
What is an Income Advance?
• You borrow a set amount (currently up to £200 depending on your tier)
• You repay the full amount in instalments over up to 3 months
• No interest - the only cost is a small fee per instalment
• Repayments are automatically collected from your Pockit account 30 days after
each drawdown
• We report your repayments to credit reference agencies - responsible use can
help build your credit score
Why does SteadyPay appear on my credit file or bank statement? Because SteadyPay is your lender, the credit agreement and any reported activity will appear under the SteadyPay name. This is completely normal - it doesn't indicate anything is wrong. |
If you have any questions about your Income Advance, contact Pockit support - they will connect with SteadyPay on your behalf if needed.