Once you submit an application for a brief term loan from Satsuma, you constantly understand:

  • We’re a responsible loan provider. We never ever let you borrow a lot more than you’ll manage to pay off.
  • We don’t apply any concealed charges. Pay just right right back everything you agree upfront
  • Our consumer service and payment groups are right right here to greatly help
  • You won’t have to locate a guarantor.

Common questions regarding Short Term Installment Loans

If you’re nevertheless uncertain whether a Satsuma short term is suitable for you, check always out the responses for some of the very most usually expected concerns.

Am I Able To obtain a temporary loan?

You’re eligible to apply for a Satsuma loan if you’re a UK resident, aged 18 or over and have a valid UK bank account and debit card. When it comes to getting that loan, we have to conduct a credit and affordability check to ensure you have actually handled repayments well in past times, and therefore it is possible to comfortably pay off the cash you wish to borrow.

Do i want a guarantor for a temporary loan?

For a few short term installment loans, you will do need a guarantor. But, you don’t require a guarantor to just simply simply take a Satsuma out short-term loan.

Could i get yourself a term that is short with bad credit?

When you yourself have bad credit, Satsuma may still think about your application. We take into account a wide range of key facets away from your credit score, such as for instance your incomings that are annual outgoings, in addition to some other monetary commitments you have.

Before you make a software, you’ll want to ensure you have actually the immediate following:

  • A legitimate current email address and mobile quantity
  • Address information for the previous 36 months
  • Your earnings and outgoings
  • Your bank debit and account card details.

You need to be:

Just how do short term installment loans work?

This differs from lender to lender, with Satsuma nonetheless, our short term installment loans are for sale to quantities between ?100 and ?1,000, repayable over a length of between 3 and year.

Willing to use? Head to our Satsuma application for the loan web web page and include your details for the immediate decision.

Does Satsuma think about applicants with bad credit?

At Satsuma, we consider more than simply your credit history whenever evaluating the application.

For those who have an unhealthy credit rating or no credit score, you could find you’re turned away by some loan providers. At Satsuma, we also think about your incomings that are annual outgoings, alongside every other economic commitments you may possibly have.

We need you to be as accurate as possible with the details you give us, so we can use all this information to give you an instant decision and offer an amount that you can reasonably repay when you apply.

You should check before you connect with determine if you qualify.

Does Satsuma provide short term installment loans without any credit check?

No, we don’t offer loans with no credit check. We do have an eligibility checker, nevertheless – this enables one to see if you’re probably be accepted before doing a complete credit check.

As stated above, we glance at more than simply your credit rating whenever considering candidates.

Will Satsuma Loans offer a immediate decision?

At Satsuma, we should make trying to get and taking out fully a term that is short because clear as you are able to. That’s why we try to provide you with a decision that is initial 60 moments of the initial application being finished as a result of our power to check always before you use.

Why can I select Satsuma for my temporary loan?

If you’re considering applying for a temporary loan, here are a few reasoned explanations why Satsuma could be one choice for you:

  • Noticeable interest repayments – once you submit an application for a Satsuma loan, the APR (apr) is determined just before distribute the application, in order to see just how much you will need to repay and exactly what your month-to-month repayments will soon be.
  • No concealed charges. Pay just right back everything you agree upfront – With Satsuma, it is easy to understand exactly how much borrowing that is you’re your loan is definitely the swelling amount you need to borrow and the interest. It’s a calculation that is simple while our short term installment loans include simply no concealed costs.
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