• 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 payment and service groups are right right right here to simply help
• You won’t want to find a guarantor.

Typical questions regarding Short Term Loans

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

Am I Able To obtain a term loan that is short?

If you’re a British resident, aged 18 or over and possess a legitimate British banking account and debit card, you’re eligible to try to get 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 within the past, and therefore you are able to comfortably pay off the cash you intend to borrow.

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

For many short term installment loans, you do need a guarantor. Nevertheless, you don’t need a guarantor to simply simply simply take a Satsuma out short-term loan.

Am I Able To get a term that is short with bad credit?

When you have bad credit, Satsuma may consider your application still. We take into account an amount of important aspects away from your credit rating, such as for example your incomings that are annual outgoings, along with some other economic commitments you could have.

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

• A legitimate email and mobile quantity
• Address information for the previous 3 years
• Your revenue and outgoings
• Your bank debit and account card details.

In addition, you have to be:

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

Just how do short term installment loans work?

This differs from lender to lender, with Satsuma nonetheless, our short term loans are for sale to quantities between ?100 and ?1,000, repayable during a period of between 3 and 12 months.

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

Does Satsuma start thinking about applicants with bad credit?

At Satsuma, we glance at more than simply your credit rating whenever evaluating the application.

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 consider carefully your annual incomings and outgoings, alongside just about any monetary commitments you’ve probably.

Whenever you use, we truly need you to definitely be because accurate that you can using the details you provide us with, therefore we can utilize all of this information to offer you an instantaneous choice and gives a sum that one may reasonably repay.

You can examine if you qualify before you apply to find out.

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

No, we don’t offer loans without having a credit check. We do have an eligibility checker, nevertheless – this permits you to definitely see if you’re probably be accepted before finishing a credit check that is full.

As previously mentioned above, we consider more than just samedayinstallmentloans.net/payday-loans-ct/ your credit rating whenever considering candidates.

Will Satsuma Loans offer a decision that is instant?

At Satsuma, we should make trying to get and taking out fully a brief term loan since clear as you can. That’s why we make an effort to provide you with a decision that is initial 60 moments of the initial application being finished by way of our capacity to check always before you use.

Why must I choose Satsuma for my term that is short loan?

If you’re considering obtaining a term that is short, check out reasoned explanations why Satsuma might be one selection for you:

• Noticeable interest repayments – whenever you make an application for a Satsuma loan, the APR (annual percentage rate) is determined so you can see exactly how much you need to repay and what your monthly repayments will be before you submit your application.
• No fees that are hidden. 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 in fact the lump sum payment you wish to borrow and the interest. It’s a easy calculation, while our short term installment loans include simply no concealed costs.