Borrow 100 – 1,000, susceptible to affordability
Representative 535%​ APR.
Warning: belated payment may cause you severe cash issues. For assistance, visit moneyadvicek
Exactly what are money loans?
an advance loan is that loan where money is compensated right to the debtor. With Satsuma but, we try not to provide money loans – instead, the sum is paid by us straight into your money in case the application happens to be authorized.
Why choose Satsuma?
If you’re re re searching for a loan on line, Satsuma may help. We offer online term that is short which are often paid back during a period of 3 to one year. If authorized, you are able to borrow between 100 – 1,000 through our online procedure.
We’re able to also offer you a choice and also have the funds in your bank account from the day that is same.
We don’t charge payment that is late or application costs, so that you just pay off that which was agreed upfront.
In certain circumstances we do need a few months of pay slips, this might be to make sure we could validate your earnings.
No fees that are hidden
Our reviews
Our clients speed us 4.68 out of 5. Reviews.co.uk, 2019 july
Decide to try our loan calculator
If you should be considering trying to get a quick term loan, it can help to sort out how much you can easily manage to borrow as well as on exactly what terms.
Using the Satsuma loan calculator, you’ll select the quantity you need to borrow, the size of the payment duration, and whether you want regular or monthly payments – helping you will find an answer that really works on your own terms.
Utilize the sliders to check out the expenses and repayments for various loans over various durations to obtain the best answer for your needs.
Verify that you’re eligible
You can examine to see if you’re qualified to receive a brief term loan, without making any trace of a tough search on the credit report until you choose to use a while later. Nonetheless, you aren’t obliged to simply simply take away financing in the event that you don’t want to do this.
When your application is accepted and also you need to continue, you’ll then need certainly to offer us even more information so we can run the full credit search before transferring the agreed quantity for your requirements.
To test, fill this form out and we’ll give you an immediate decision in 60 seconds, susceptible to affordability.
In certain instances to advance validate your earnings, we might additionally request a few months’ well well worth of pay slips.
Check always just before use
Provide us with a details that are few you will discover call at one minute if you are apt to be accepted
Protect your credit rating
Regardless of the outcome, it will not influence your credit rating until you elect to use
Finish the full application
If you decide to use, we will then run the full credit check that will keep a mark in your credit history
Do Satsuma provide money loans for bad credit?
an advance loan for bad credit might be an alternative from some loan providers, nonetheless Satsuma usually do not provide money loans – our loans procedure is totally online.
If you’re considering trying to get our short-term loan, then we do consider more than simply your credit rating whenever evaluating the application, this means we start thinking about candidates and also require a detrimental credit rating. Nonetheless, our loans are deposited right into a bank-account, perhaps perhaps perhaps not given out in money.
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 earnings and outgoings, alongside any kind of economic commitments you could have. But, our loan rates of interest are greater than those charged by loan providers such as for instance high-street banking institutions.
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 offer which is affordable when you apply.
Is it a cash loan that is payday?
Pay day loans are generally really short term installment loans that are settled on a single time you use, but must then typically be reimbursed within 2-3 weeks.
Although you can expect an immediate choice on all applications and supply an eligibility choice within 60 seconds, we’re perhaps not a payday advances financial institution .
At Satsuma, we offer you between 3 and one year to settle your loan.
Simply how much could I borrow?
Determined by the total amount you will need, Satsuma term that is short permit you to borrow between 100 – 1,000, susceptible to affordability. You can easily distribute the fee over 3 to one year, rather than having to repay the amount that is whole one lump sum payment.
Will a credit is needed by me check?
We just provide loans susceptible to a credit check, nevertheless when evaluating your eligibility, we additionally account for various other facets with regards to your finances that are personal circumstances.
Which means a credit that is limited or an unhealthy credit history won’t fundamentally suggest the application is refused.
Some differences when considering money loans and a Satsuma term loan that is short
If you’re re re re searching for a advance loan this is certainly compensated and paid back by actually handing over money, a Satsuma loan won’t be the best solution we only provide short term loans, with payments made directly into your bank account for you. This is actually the difference that is biggest from a loan and a Satsuma temporary loan.
By having a Satsuma term that is short, afterward you repay the amount of money you borrow based on the routine you decide on during the outset (3-12 months). We gather your regular or payment that is monthly the debit card details you provided us throughout your application.
Some options that come with a temporary loan from Satsuma:
How exactly to use
To use for a Satsuma temporary loan, fill out our online form and we’ll deal because of the entire process from beginning to end.
Typical questions about Money Loans
what exactly is an advance loan meaning?
These kind of loans are often unsecured and so are given out in money by the loan provider. Satsuma are particularly dissimilar to this, although our loans will also be unsecured, our company is an online operator from initial application to last payment, this means we spend the amount of money straight into your account.
Can you obtain a money loan with a CCJ?
but you’ll need to show you borrow, plus interest that you can meet the repayment schedule and pay back everything. Our minimal requirements are that borrowers are British residents aged 18 or higher, by having a legitimate british banking account and debit card.