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

  • We’re a lender that is responsible. We never let you borrow significantly more than you are able to back afford to pay.
  • We don’t apply any concealed charges. Pay just right back that which you agree upfront
  • Our consumer payment and service groups are right right here to aid
  • You won’t have to find a guarantor.

Typical questions regarding Short Term Installment Loans

If you’re nevertheless not sure whether a Satsuma short-term is suitable for you, check always out of the answers for some of the very most usually expected concerns.

Can I get a temporary loan?

If you’re a British resident, aged 18 or over and also a legitimate British banking account and debit card, you’re eligible to utilize for a Satsuma loan. When it comes to getting that loan, we have to conduct a credit and affordability check to make sure that you have actually handled repayments well in past times, and therefore it is possible to comfortably pay off the funds you intend to borrow online payday loans Alaska.

Do i want a guarantor for the term loan that is short?

For a few short term installment loans, you do need a guarantor. But, you don’t require a guarantor to simply simply simply take down a Satsuma temporary loan.

May i get a term that is short with bad credit?

For those who have bad credit, Satsuma may consider your application still. We take into account an amount of key facets away from your credit rating, such as for instance your yearly incomings and outgoings, in addition to virtually any monetary commitments you have.

Before you make a software, you will need to make sure you have actually the immediate following:

  • A valid current email address and mobile quantity
  • Address information for the previous 3 years
  • Your earnings and outgoings
  • Your bank debit and account card details.

In addition, you have to be:

  • Aged 18 to 74
  • A British resident
  • Maybe Not bankrupt
  • Ready to have credit check.

Just how do short term installment loans work?

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

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

Does Satsuma start thinking about applicants with bad credit?

At Satsuma, we glance at more than simply your credit history whenever evaluating the job.

You may find you’re turned away by some lenders if you have a poor credit score or no credit history. At Satsuma, we also think about your yearly incomings and outgoings, alongside any kind of monetary commitments you might 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 out a credit check. We do have an eligibility checker, nevertheless – this enables you to definitely see if you’re probably be accepted before finishing a credit check that is full.

As previously mentioned above, we glance at more than simply your credit rating when applicants that are considering.

Will Satsuma Loans offer a decision that is instant?

At Satsuma, you want to make trying to get and taking out fully a term that is short because clear as you are able to. That’s why we make an effort to offer you a short choice within 60 moments of one’s initial application being finished as a result of our power to check always before you apply.

Why do I need to select Satsuma for my short-term loan?

If you’re considering obtaining a short-term loan, below are a few explanations why Satsuma could be one selection 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 exacltly what the month-to-month repayments are.
  • No concealed charges. Pay just right right back that which you agree upfront – With Satsuma, it is easy to understand simply how much borrowing that is you’re your loan is definitely the lump sum payment you need to borrow and the interest. It’s a easy calculation, while our short term installment loans include simply no hidden costs.