An alternate. Borrow ВЈ100 – ВЈ1,000, at the mercy of affordability
Representative 535%вЂ‹ APR.
A quick payday loan is a kind of short-term credit, due to the fact title shows, your debt with this variety of loan is normally paid back in full through the borrowerвЂ™s pay packet that is next.
Some loan offerrs offer this type of payday advances, but 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 one year, in a choice of regular or instalments that are monthly. This particular feature differentiates a Satsuma loan from payday advances.
Why choose Satsuma?
When making our alternative to pay day loans, we desired to provide a versatile, short-term loan that allowed clients to decide on just how long they spent repaying their loan.
No concealed fees
Our customers speed us 4.68 out of 5. Reviews.co.uk, 2019 july
Decide to try our loan calculator
Before you submit an application for a Satsuma short-term loan, you might consider utilizing our loan calculator to have a knowledge of precisely what your repayments is likely to be. You need to use the sliders to create the total amount you will need to borrow, whether you’d like to repay it with regular or monthly obligations over your chosen time frame.
It places you in charge since you is able to see just what the repayments will be, replace the quantity or payment duration around, and work down what’s the option that is best for your needs.
Our loan calculator shows precisely what you will repay
Check always just before use
ItвЂ™s a payday loan or an alternative like a short term loan available at Satsuma, it will leave a mark on your credit file when you apply for any credit, whether. In the event that you donвЂ™t end up taking out that loan if youвЂ™ve been declined a loan as a result of a credit check, it may impact your credit rating вЂ“ even. This will probably additionally affect the means other businesses assess you for credit.
With Satsuma you should check before you apply. You an eligibility decision within 60 seconds if you are considering applying for one of our short-term loans, weвЂ™ll give. You won’t impact your credit rating until you decide to just take the loan out afterward.
YouвЂ™re not obliged to simply take a loan out with us after checking and there wonвЂ™t be accurate documentation from it in your credit history. The full application does nevertheless require a credit check that is full.
We look at your info
Its perhaps not a application that is full we just require several details
Protect your credit rating
Regardless of the outcome, it’s not going to influence your credit rating until you decide to use
Provide you with your outcome
You will discover down in one minute. We will have to look at your details if you opt to apply*
May I make an application for a Satsuma loan on the web?
Satsuma just provides short-term loans online. Check always you have filled out a few details, we can give you an initial decision in 60 seconds before you apply and once. Then wish to proceed, this will be subject to a full affordability assessment which includes a credit check if you.
In a few circumstances we possibly may require 3 monthsвЂ™ well worth of payslips, this might be to validate your earnings.
You will require a few details to hand before you apply including:
In the event that youвЂ™ve lent from us before or you have actually a preexisting loan with us, additionally, you will require your loan contract quantity.
Does Satsuma offer Bad Credit Pay Day Loans?
At Satsuma, we try not to provide bad credit payday advances as there isn’t any such thing. Whilst some might assume that a woeful credit history|credit that is poor} may result in pay day loans being the actual only real choice available, you will find options available dependent on specific requirements and circumstances, such as for instance a short term loan like Satsuma.
What exactly is a Guarantor Loan, and do Satsuma offer these?
No. Guarantor loans are the ones which need the debtor to have a secondary celebration guarantee the mortgage payment in the event that original applicant defaults at any point.
Satsuma try not to offer guarantor payday loans today Rhode Island loans, one of several top features of a Satsuma short-term loan is that it’s a вЂno guarantorвЂ™ loan.
Also when you have had difficulty with credit in past times, you’ll nevertheless qualify for a Satsuma loan which does not need a guarantor.
Can you obtain that loan without a credit check?
Within the UK, regulated lenders need certainly to perform affordability and credit checks to be sure these are typically lending to individuals who are able to afford it. Satsuma will consequently finish a credit verify that you make an application for a Satsuma short-term loan.