The Wollit Income Promise is a credit-based income stability tool that enables you to take home the same amount of money every month - even if your hours and earnings fluctuate.
The goal of the Wollit Income Promise is to provide you income predictability and cashflow certainty so you can enjoy a smoother life.
A Wollit Income Promise is a risk-adjusted average of your recent eligible income. It serves as the minimum amount of money we seek to ensure you will have access to each month smoothing your money worries.
In months you earn below your Wollit Income Promise we will offer you an interest-free Cash Top-up for the difference. In months your earn above your Wollit Income Promise if you have previous Cash Top-ups outstanding, we will look to collect a repayment.