Hi Jamieowe

These will be treated as any other loan. I think you should check your contract though just to make sure there are no implications for your job.

How much are the loans?

Mark

Hi Jamieowe and welcome to the trust deed forum.

Are you a member of a union at work? If not, is there a union representative at your workplace that you could speak to?

Often people find out that colleagues have dealt with very similar situations in the past and have been dealt with sympathetically by their employer. Union reps have often played a part in the process behind the scenes.

I've seen employees with staff loans treated sympathetically by their employers in the past when debt has become a problem, but it isn't possible for us to tell you exactly how your employer will react I'm afraid as each may see things slightly differently.

An anonymous call to your HR dept will provide the answer as to whether there is anything in your contract that may pose problems.

Paul

That's another good suggestion plasticdaft.

A similar suggestion is that a friendly colleague goes and has a chat with HR without revealing your identity to them.