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

Once you make 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 are able to back afford to pay.
  • We don’t apply any concealed fees. Pay only right right right back that which you agree upfront
  • Our customer payment and service groups are right right right here to greatly help
  • You won’t need certainly to find a guarantor.

Typical questions regarding Short Term Installment Loans

If you’re nevertheless not sure whether a Satsuma short term suits you, check always out of the responses with a of the very most usually expected concerns.

Could i obtain a short-term loan?

If you’re a British resident, aged 18 or over and have now a legitimate British banking account and debit card, you’re eligible to try to get a Satsuma loan. With regards to getting that loan, we must conduct a credit and affordability check to make sure that you have actually handled repayments well in past times, and that you are able to comfortably repay the funds you want to borrow.

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

For a few term that is short, you do need a guarantor. Nevertheless, you don’t desire a guarantor to simply take a Satsuma out short-term loan.

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

When you have bad credit, Satsuma may nevertheless think about your application. We consider a wide range of important aspects away from your credit score, such as for example your incomings that are annual outgoings, also other economic commitments you might have.

Before you make a credit card applicatoin, you’ll want to ensure you have actually the annotated following:

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

Additionally you must be:

  • Aged 18 to 74
  • A British resident
  • Perhaps maybe Not bankrupt
  • Prepared to have credit check.

Just how do short term installment loans work?

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

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

Does Satsuma consider applicants with bad credit?

At Satsuma, we consider more than simply your credit history whenever assessing 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 just about any monetary commitments you 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 find out if you qualify.

Does Satsuma provide term that is short without any credit check?

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

As previously mentioned above, we consider more than simply your credit rating whenever considering candidates.

Will Satsuma Loans offer a immediate decision?

At Satsuma, we should make obtaining and taking out fully a term that is short since clear as you possibly can. That’s why we try to offer you a decision that is initial 60 moments of one’s initial application being completed because of our power to check always before you use.

Why do I need to select Satsuma for my temporary loan?

If you’re considering obtaining a temporary loan, check out main reasons why Satsuma can be one selection for you:

  • Noticeable interest repayments – whenever you submit an application for a Satsuma loan, the APR (apr) is https://personalinstallmentloans.org/payday-loans-sc/ determined just before distribute the application, to help you see how much you ought to repay and exactly what your monthly repayments would be.
  • No fees that are hidden. Pay only right back everything you agree upfront – With Satsuma, it is obvious exactly how much you’re borrowing because your loan is probably the lump sum payment you need to borrow as well as the interest. It’s a calculation that is simple while our short term installment loans include simply no concealed costs.