Pay day loans.Warning: Late repayment may cause you severe cash dilemmas.

February 6, 2021 by superch6

Pay day loans.Warning: Late repayment may cause you severe cash dilemmas.

An alternate. Borrow ВЈ100 – ВЈ1,000, at the mercy of affordability

Representative 535%​ APR.

An online payday loan is a form of short-term credit, since the title shows, your debt using this style of loan is normally paid back in complete through the borrower’s next pay packet.

Some loan offerrs offer these kinds 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 either regular or month-to-month instalments. 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 versatile, short-term loan that permitted customers to decide on the length of time they spent repaying their loan.

No concealed fees

Our reviews

Our clients speed us 4.68 out of 5., July 2019

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 obtain an awareness of just what your repayments will likely be. You need to use the sliders to create the total amount you ought to borrow, whether you’d rather repay it with regular or monthly premiums over your chosen time frame.

It places you in charge since you can easily see exactly what the repayments will be, replace the quantity or payment duration around, and work down what’s the option that is best for you.

Our loan calculator shows precisely what you are going to repay

Check always just before use

It’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 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 could additionally influence the method others 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, we’ll give. It won’t influence your credit history until you elect to simply take out of the loan 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 report. A complete application does nevertheless require a credit check that is full.

We check your info

Its perhaps not a full application therefore we only require several details

Protect your credit rating

Irrespective of the outcome, it will not impact your credit rating until you decide to use

Supply your outcome

You will find call at 60 moments. We are going to have to look at your details if you decide to apply*

May I make an application for a Satsuma loan on the web?

Satsuma just provides loans that are short-term. Check always before you use and when you’ve got completed a couple of details, we could present a short decision in one minute. In the event that you then need to continue, this is susceptible to the full affordability evaluation which include a credit check.

In a few circumstances we possibly may need three months’ well worth of payslips, this can be to validate your revenue.

You will require a few details to hand before you use including:

In the event that you’ve borrowed from us before or you have actually a preexisting loan with us, you will require your loan agreement quantity.

Does Satsuma offer Bad Credit Payday Advances?

At Satsuma, we usually do not provide bad credit payday advances as there is absolutely no such thing. 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 based on individual requirements and circumstances, such as for example a short term loan like Satsuma.

What’s a Guarantor Loan, and do Satsuma offer these?

No. Guarantor loans are those which need the borrower to own a secondary celebration guarantee the mortgage payment in the event that original applicant defaults at any point.

Satsuma try not to provide guarantor loans, one of many options that come with a Satsuma term that is short is that it’s a ‘no guarantor’ 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 a loan is got by you without a credit check?

Within the UK, regulated lenders need certainly to perform credit and affordability checks to ensure they have been lending to individuals who are able it. Satsuma will consequently finish a credit verify that you make an application for a Satsuma loan that is short-term.