Require that loan? Forget the part payday lender — your boss has you covered

Require that loan? Forget the part payday lender — your boss has you covered

Your manager may subscribe to your retirement account or help pay money for medical insurance. But can it allow you to set an emergency fund up? Or provide you with that loan of the few thousand bucks if your transmission stops working?

In the event that you work with Comcast Corp., yes.

The telecom that is philadelphia-based activity giant is rolling away those as well as other advantageous assets to its a lot more than 160,000 employees at NBC Universal as well as other subsidiaries through a unique Comcast-backed advantages company. It’s the latest example of a huge company trying to include it self in workers’ monetary life by providing not merely training and guidance but real cash.

Launched this present year by Comcast’s venture-capital arm, benefits firm Brightside announced final thirty days it would provide loans through north park company Employee Loan Systems. The loans of $1,000 to $2,000 will likely be open to most employees, don’t require a credit check as they are repaid through payroll deductions.

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