An alternate. Borrow ВЈ100 – ВЈ1,000, at the mercy of affordability
Representative 535%вЂ‹ APR.
An online payday loan is a form of short-term credit, since the title shows, your debt with this sort of loan is normally paid back in complete from the borrowerвЂ™s next pay packet.
These types are provided by some lenders of payday advances, however with Satsuma we only offer short-term loans. Our clients can borrow as much as ВЈ1,000, at the mercy of affordability, and repay between 3 to one year, either in regular or instalments that are monthly. This particular feature differentiates a Satsuma loan from pay day loans.
Why choose Satsuma?
When making our option to payday advances, we desired to provide a flexible, short-term loan that permitted clients to decide on the length of time they spent repaying their loan.
No concealed charges
Our clients rate us 4.68 out of 5. Reviews.co.uk, 2019 july
Decide to try our loan calculator
Before you make an application for a Satsuma short-term loan, you might want to contemplate using our loan calculator to have an awareness of just what your repayments is likely to be. You should use the sliders to create the total amount you’ll want to borrow, with weekly or monthly payments over your selected time period whether you prefer to repay it.
It places you in charge since you can easily see exactly what the repayments will be, replace the quantity or payment period around, and work down what’s the option that is best for you personally.
Our loan calculator shows just what you are going to 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 may additionally impact the real means other businesses assess you for credit.
With Satsuma you can examine before you use. You an eligibility decision within 60 seconds if you are considering applying for one of our short-term loans, weвЂ™ll give. It won’t influence your credit history until you elect to just take the loan out a short while later.
YouвЂ™re not obliged to just take away financing with us after checking and there wonвЂ™t be an archive loan in Utah from it on your own credit report. The full application does nevertheless require a credit check that is full.
We look at your info
Its maybe not a application that is full we just require several details
Protect your credit rating
Irrespective of the outcome, it will not impact your credit rating until you decide to apply
Provide you with your outcome
You will discover call at 60 moments. We will need certainly to look at your details if you opt to apply*
May I submit an application for a Satsuma loan on line?
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.
This is to validate your income in some instances we may require 3 monthsвЂ™ worth of payslips.
You’ll need a few details to hand before you use including:
Before or if you have an existing loan with us, you will also need your loan agreement number if youвЂ™ve borrowed from us.
Does Satsuma offer Bad Credit Payday Advances?
At Satsuma, we never provide bad credit payday advances as there’s no such thing. Whilst some might assume that an undesirable credit history|credit that is poor} may result in payday advances being the only real choice available, you can find options available according to individual requirements and circumstances, such as for example 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 own a party that is secondary the mortgage payment in the event that original applicant defaults at any point.
Satsuma don’t provide guarantor loans, one of several popular features of a Satsuma term that is short is it is a вЂno guarantorвЂ™ loan.
Also when you yourself have had difficulty with credit within the past, you might still qualify for a Satsuma loan which does not need a guarantor.
Can you can get that loan without a credit check?
Within the UK, regulated lenders need to perform credit and affordability checks to be sure they have been lending to those who are able it. Satsuma will consequently finish a credit verify that you submit an application for a Satsuma loan that is short-term.