An alternate. Borrow ВЈ100 – ВЈ1,000, susceptible to affordability
Representative 535%вЂ‹ APR.
A quick payday loan is a kind of short-term credit, whilst the title shows, your debt using this types of loan is generally paid back in full from the borrowerвЂ™s pay packet that is next.
These types are provided by some lenders of pay day loans, however with Satsuma we only provide short-term loans. Our clients can borrow as much as ВЈ1,000, at the mercy of affordability, and repay between 3 to one year, in either weekly or month-to-month instalments. This particular feature differentiates a Satsuma loan from payday advances.
Why choose Satsuma?
When making our alternative to payday advances, we wished to provide a versatile loan companies in Illinois, short-term loan that permitted clients to decide on just how long they spent repaying their loan.
No fees that are hidden
Our clients rate us 4.68 out of 5. Reviews.co.uk, July 2019
Decide to try our loan calculator
Before you submit an application for a Satsuma short-term loan, you might want to contemplate using our loan calculator to obtain a knowledge of precisely what your repayments is likely to be. You should use the sliders setting the total amount you ought to borrow, with weekly or monthly payments over your selected time period whether you prefer to repay it.
It sets you in charge since you is able to see just what the repayments could 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 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. If 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 might also influence the method 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. You won’t impact your credit rating until you elect to simply take out of the loan a short while later.
YouвЂ™re not obliged to simply take a loan out with us after checking and there wonвЂ™t be a record from it on your own credit report. A complete application does nonetheless 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
Irrespective of the outcome, it’s not going to influence your credit score until you elect to use
Provide you with your result
You will find call at 60 moments. We will want to always check your details if you decide to apply*
May I submit an application for a Satsuma loan on line?
Satsuma just provides loans that are short-term. Check before you use as soon as you’ve got completed a couple of details, we could offer you a short choice 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 details that are few 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 Pay Day Loans?
At Satsuma, we usually do not provide bad credit pay day loans as there’s no thing that is such. Whilst some might assume that an undesirable credit history|credit that is poor} can lead to pay day loans being the only real choice available, you will find options available according to individual requirements and circumstances, such as for example a brief term loan like Satsuma.
What’s a Guarantor Loan, and do Satsuma offer these?
No. Guarantor loans are the ones which need the debtor to possess a secondary party guarantee the loan repayment in the event that original applicant defaults at any point.
Satsuma usually do not provide guarantor loans, among the options that come with a Satsuma short term loan is that it’s 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 you can get a loan without a credit check?
Within the UK, regulated lenders need certainly to perform affordability and credit checks to ensure 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 short-term loan.