An alternative solution. Borrow ВЈ100 – ВЈ1,000, at the mercy of affordability
Representative 535%вЂ‹ APR.
An online payday loan is a kind of short-term credit, once the title recommends, your debt out of 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 pay day loans, 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 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 option to pay day loans, we wished to provide a flexible, short-term loan that permitted clients to decide on just how long they spent repaying their loan.
No concealed charges
Our clients speed us 4.68 out of 5. Reviews.co.uk, July 2019
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 can make use of the sliders to create the quantity you ought 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 is able to see exactly what payday loans OK the repayments will be, replace the quantity or payment duration around, and work down what’s the most suitable choice for you.
Our loan calculator shows just what you will repay
Check always just before use
Once you submit an application for any credit, whether itвЂ™s a quick payday loan or an alternate like a brief term loan offered at Satsuma, it’s going to keep a mark in your credit report. 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 could easily additionally influence the real means other businesses assess you for credit.
With Satsuma you should check 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 does not influence your credit rating until you decide to simply take the loan out a short while later.
YouвЂ™re not obliged to take down financing with us after checking and there wonвЂ™t be accurate documentation from it on the credit history. A complete application does nevertheless require a credit check that is full.
We look at your info
Its maybe not a full application therefore we only require a couple of details
Protect your credit rating
Irrespective of the total outcome, it will not impact your credit rating unless you elect to use
Supply your outcome
You will discover call at 60 moments. We will should always check your details if you decide to apply*
May I submit an application for a Satsuma loan on the web?
Satsuma just offers short-term loans online. Check before you use as soon as you have got completed several details, we are able to offer you a short decision in one minute. 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:
In the event that youвЂ™ve borrowed from us before or you have actually an existing loan with us, additionally, you will require your loan contract quantity.
Does Satsuma offer Bad Credit Payday Advances?
At Satsuma, we try not to provide bad credit pay day loans as there isn’t any such thing. Whilst some might assume that a woeful credit history|credit that is poor} may result in payday advances being the actual only real choice available, you can find options available dependent on specific requirements and circumstances, such as for instance a brief 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 secondary party guarantee the mortgage payment in the event that original applicant defaults at any point.
Satsuma try not to provide guarantor loans, one of many top features of a Satsuma short term loan is it is a вЂno guarantorвЂ™ loan.
Also you may still be eligible for a Satsuma loan which doesnвЂ™t require a guarantor if you have had difficulties with credit in the past.
Can a loan is got by you without a credit check?
When you look at the UK, regulated lenders need to perform affordability and credit checks to be sure they truly are lending to those who are able to afford it. Satsuma will consequently finish a credit verify that you make an application for a Satsuma short-term loan.