VioletAn alternate. Borrow ВЈ100 – ВЈ1,000, susceptible to affordability
Representative 535%​ APR.
An online payday loan is a kind of short-term credit, due to the fact title implies, your debt with this variety of loan is normally paid back in complete through the borrower’s next pay packet.
Some lenders provide this type of payday advances, however with Satsuma we only offer short-term loans. Our clients can borrow as much as ВЈ1,000, susceptible to affordability, and repay between 3 to 12 months, in either regular or monthly instalments. This particular feature differentiates a Satsuma loan from pay day loans.
Why choose Satsuma?
When making our option to payday advances, we wished to provide a versatile, short-term loan that permitted clients to decide on the length of time they spent repaying their loan.
No concealed charges
Our reviews
Our clients speed us 4.68 out of 5. Reviews.co.uk, 2019 july
Decide to try our loan calculator
You may want to consider using our loan calculator to get an understanding of exactly what your repayments will be before you apply for a Satsuma short-term loan. You need to use the sliders to create the total amount you will need to borrow, with weekly or monthly payments over your selected time period whether you prefer to repay it.
It places you in charge as you can easily see just what the repayments will be, replace the quantity or payment duration around, and work down what’s the smartest choice for your needs.
Our loan calculator shows precisely what you are going to repay
Check always just before use
Once you make an application for any credit, whether or not it’s a quick payday loan or an alternate like a brief term loan offered by Satsuma, it’ll keep a mark on your own credit report. In the event that you don’t end up taking out that loan if you’ve been declined a loan as a result of a credit check, it may impact your credit rating – even. This might additionally influence the real means other programs assess you for credit.
With Satsuma you should check before you use. If you’re considering trying to get certainly one of our short-term loans, we’ll provide an eligibility choice within one minute. You won’t impact your credit rating until you decide to just take the loan out a while later.
You’re not obliged to just take a loan out with us after checking and there won’t be an archive from it in your credit history. A complete application does but need a credit check that is full.
We look at your info
Its perhaps not a full application therefore we just require several details
Protect your credit rating
Irrespective of the total outcome, it will not influence your credit rating until you choose to use
Provide you with your outcome
You will discover call at 60 moments. We are going to need certainly to look at your details if you decide to apply*
Am I able to make an application for a Satsuma loan on line?
Satsuma just offers visit this web-site loans that are short-term. Check always before you use and when you have got done a couple of details, we are able to provide you with a preliminary choice in 60 moments. Then wish to proceed, this will be subject to a full affordability assessment which includes a credit check if you.
In a few instances we might need three months’ well worth of payslips, this will be to validate your revenue.
You will require a details that are few hand before you use including:
In the event that you’ve lent from us before or you have actually a preexisting loan with us, you will require your loan contract quantity.
Does Satsuma offer Bad Credit Pay Day Loans?
At Satsuma, we never provide bad credit payday advances as there’s absolutely no thing that is such. Whilst some might assume that a dismal credit history|credit that is poor} can lead to pay day loans being the actual only real choice available, you will find options available dependent on specific requirements and circumstances, such as for example a quick term loan like Satsuma.
What exactly is a Guarantor Loan, and do Satsuma provide these?
No. Guarantor loans are the ones which need the debtor to own a party that is secondary the mortgage payment in the event that original applicant defaults at any point.
Satsuma usually do not provide guarantor loans, one of several top features of a Satsuma short-term loan is that it’s a вЂno guarantor’ loan.
Also when you have had difficulty with credit in past times, you could nevertheless qualify for a Satsuma loan which does not need a guarantor.
Can you receive that loan without a credit check?
Within the UK, regulated lenders need certainly to perform credit and affordability checks to be sure they’ve been lending to individuals who are able to afford it. Satsuma will consequently finish a credit verify that you make an application for a Satsuma loan that is short-term.