If youвЂ™re considering using for a financial loan, you can borrow as much as ВЈ1,000 with a temporary loan from Satsuma, at the mercy of affordability.
We donвЂ™t cost hidden costs meaning you only pay off that which you agree upfront. It is possible to decide to repay the mortgage during a period of 3 to 12 months, either in regular or month-to-month instalments. Before making a decision, it is crucial to get a loan thatвЂ™s best worthy of your position.
Why choose Satsuma?
At Satsuma, we are going to think about your application even although you have credit score that is poor. We examine more than simply your credit rating, once we also just just take affordability as well as your present circumstances into account. Our loans are unsecured too, meaning weвЂ™ll never ask you for the guarantor or place any property up as safety.
Obtaining a ВЈ1,000 loan while we aim to give you an initial decision within 60 seconds with us can be done online. Our loans are around for quantities between ВЈ100 and ВЈ1,000, with versatile payment durations of between 3 and one year, and then we donвЂ™t charge any fees for late or payments that are missed. Pay only back everything you agree upfront.
Nonetheless, we’re an interest lender that is high. You may wish to take into consideration if you are thinking of applying, this is something.
No fees that are hidden
Our clients rate us 4.68 out of 5. Reviews.co.uk, July 2019
Take to our loan calculator
ItвЂ™s always worth checking the repayment terms and interest rates, to make sure itвЂ™s affordable before you apply for any loan. The Satsuma loan calculator will allow you to exercise exactly how much the installments that are monthly total repayments will soon be on the quantity you ought to borrow.
Utilize the sliders to modify the mortgage amount or payment duration to locate a payment routine that most useful suits your preferences.
Check if you’re qualified
At Satsuma, we just start thinking about applicants from British residents aged 18 or higher, who aren’t bankrupt and accept a credit check.
Us the following information when you apply, youвЂ™ll also need to give:
Then carry out a full credit and affordability check before making our final decision if you meet this minimum criteria and continue to the final part of the application, weвЂ™ll. As well as this, we possibly may additionally ask you toвЂ™ provide 3 months well worth of pay slips as an element of our earnings verification process.
We check your info
It isn’t a full application therefore we only require a couple of details
Protect your credit history
Irrespective of the outcome, it’s not going to influence your credit history until you decide to use
Provide you with your result
You will discover down in 60 moments. We will have to look at your details if you choose to use
Satsuma provide loans for amounts between ВЈ100 and ВЈ1,000, which must certanly be paid back in weekly or month-to-month instalments between 3 and one year. Susceptible to affordability.
The interest charged on our short term installment loans, that may influence the month-to-month repayments while the amount you pay as a whole, will be based upon the quantity you borrow, the size of your payment duration along with your circumstances that are current.
Exactly what are the attributes of a Satsuma ВЈ1,000 loan?
Included in our short term installment loans, you might borrow as much as ВЈ1,000 even though you have actually dismal credit. If you’re thinking about using, please be aware a few of the features:
As being a accountable loan provider, all our loans are at the mercy of credit and affordability checks.
Will my credit rating effect my offer?
Before generally making a decision that is final whether or not to provide for you, all lenders make use of the information held by one of several 3 primary credit reference agencies вЂ“ Equifax, Experian or TransUnion вЂ“ combined with details collected in the application.
At Satsuma, we use your credit rating included in the application procedure, but we also account fully for affordability as well as your current circumstances, which means that we think about a ВЈ1,000 loan to credit that is bad.
In case your application is accepted, your credit history can impact the regards to your loan, such as the level of interest you’ll want to repay – generally speaking, having a reduced credit rating could suggest youвЂ™ll be charged a greater interest rate on the loan.
At Satsuma, we set a higher rate of interest on our loans to reflect the fact we shall provide to individuals with a credit score that is poor.
If authorized, whenever am I going to get my funds?
In the event your application is authorized, the income might be compensated straight into your account from the day that is same . YouвЂ™ll then need certainly to repay the mortgage, with interest, in regular instalments over 3 to year.
How to use
Applications for Satsuma term that is short to ВЈ1,000 loans are performed online from start to finish. To make use of, see our application page and make use of our online loan calculator to focus out of the quantity you can borrow along side the right payment routine.
Then need a few more details before running a full credit and affordability check if this initial application is approved, weвЂ™ll. When we agree to lend to you personally, the mortgage is supposed to be paid straight into your bank account and repayments should be immediately taken depending on the agreed schedule.
Approval for the Satsuma Loan is susceptible to completion that is successful of and identity checks. Satsuma Loans are merely accessible to British residents who’re at the very least 18 years old and now have a legitimate uk banking account payday loans Oregon and debit card.