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Rotherham Crisis Loan

If you live within the Rotherham Metropolitan Borough Council boundary and are in crisis, you can apply for a crisis loan with us.

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Young couple choosing a new cooker

At a glance: Rotherham Crisis Loan

What is it?

  • Borrow from £40 to £120.
  • Exceptions can be made up to £250, where we can pay the supplier on your behalf.

What can I use it for?

There are many reasons why you may need a crisis loan, such as to buy food or essential household items, or to pay an urgent bill.

How much does it cost?

There are no administration fees for a Rotherham Crisis Loan and there is no interest to pay.

Will I be credit checked?

You will not be credit checked when applying for a crisis loan.

We provide these loans to vulnerable people in Rotherham who find themselves in a crisis situation, in partnership with Rotherham Metropolitan Borough Council.

That means you must live in the Rotherham Metropolitan Borough Council boundary to be eligible.

Key facts

  • Credit score – not applicable

    We do not credit check Rotherham Crisis Loan applications.

  • Member exclusive?

    No. If you are not currently a member, you can join then apply for a Rotherham Crisis Loan.

  • Save first?

    You do not need to save first for a Rotherham Crisis Loan.

Assessing your crisis

We understand that there are many reasons why you might find yourself in crisis.

That may be the death of a close family member, losing cash or access to money, broken essential household items, or something else.

We’re here to help.

Which is why we are flexible in how we assess your crisis and the financial support you need to get through it.

Crisis loans can be provided to buy:

  • food
  • essential household items (e.g. bed, mattress)
  • electrical goods (e.g. cooker, fridge-freezer, washing machine).

They can also be provided to pay urgent bills, including the payment or top up of essential utilities, such as gas, electricity and water.

If you are being threatened with eviction or having your gas or electricity cut off, we will need proof as part of our assessment.

Am I eligible?

All loans will be assessed individually, but as a minimum you will need to:

  • Be 18 or over
  • Be a resident of Rotherham within the Rotherham Metropolitan Borough Council boundary.
  • Have an income of at least £71 per week.
  • Have repaid any previous crisis loans.
  • Be able to prove your identity, address and income.

If you do not have income of £71 per week but can make the repayments, even at a later date, such as having had your benefits sanctioned, you can still apply.

How does it work?

  • If you are not a member already, you need to join South Yorkshire Community Bank
  • When you apply, we will work out and agree an affordable repayment plan with you, with a minimum repayment amount
  • You pay your benefit into your savings account
  • Crisis loan repayments are deducted from you savings account and you can withdraw the rest
  • The number of loans we may offer to you will depend upon our assessment of your crisis, your repayment history and is always at our discretion.

Application process

  • Apply Online

    Applying online is quick and easy and takes less than 10 minutes.

  • Decision Time

    Once we have received your completed application, including your bank statements, we will send you an expected decision date.

    Loans are currently taking 1 to 2 working days for a decision.

  • Payment

    If your loan is approved, we will contact you to let you know how to sign your loan agreement.

    As soon as you have returned your signed agreement to us, your loan money is usually sent to your bank account on the same working day.

Apply now

What you’ll need to apply

Make sure you have either:

  • Your last 3 months’ bank statements ready to send, OR
  • If you have mobile or online banking, you can give your bank consent to transfer your last 90 days of transaction data, using the secure link provided in the application

You may also need to send:

  • Proof of any income not showing on your bank statements
  • If you receive Universal Credits, a copy of your breakdown showing the elements you receive
  • If you are self-employed, a copy of your latest Self Assessment tax return

Get the app

Did you know you can manage your savings and loans with our app?

Scan the QR code on your mobile device to download the app now.

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Rotherham Crisis Loans FAQs

Below you will find out most frequently asked questions about our Rotherham Crisis Loans. For more FAQs, explore our Resources hub.

If you don’t see the answer you need, just get in touch.

Terms & Conditions

All loans are provided subject to status and affordability and in accordance with our Lending Policy and loan product Terms & Conditions. Please be aware that you may pay more interest and be subject to additional charges if your loan repayments are not received on time. Repayments are reported to Credit Reference Agencies including Experian, which could affect your credit record if you do not keep up to date with your repayments.