If you’re considering using for a financial loan, you might borrow as much as £1,000 by having a short-term loan from Satsuma, at the mercy of affordability.

We don’t cost hidden costs meaning you simply repay everything you agree upfront. You are able to decide to repay the mortgage over a period of 3 to year, either in regular or instalments that are monthly. Before deciding, it is crucial to locate that loan that’s best worthy of your needs.

Why choose Satsuma?

At Satsuma, we shall consider carefully your application even though you have bad credit rating. We glance at more than simply your credit rating, even as we also just simply take affordability as well as your present circumstances into account. Our loans are unsecured too, meaning we’ll never ask you for the guarantor or place any property up as protection.

Trying to get a £1,000 loan while we aim to give you an initial decision within 60 seconds with us can be done online. Our loans are for sale to amounts between £100 and £1,000, with versatile payment durations of between 3 and year, so we don’t charge any charges for late or payments that are missed. Pay just back everything you agree upfront.

But, we have been an interest lender that is high. If you’re thinking about using, this will be one thing you could need to consider.

No concealed fees

Our reviews

Our clients rate us 4.68 out of 5. Reviews.co.uk, July 2019

Decide to try our loan calculator

It’s always worth checking the repayment terms and interest rates, to make sure it’s affordable before you apply for any loan. The Satsuma loan calculator shall help you workout exactly how much the monthly installments and total repayments will undoubtedly be regarding the quantity you will need to borrow.

Make use of the sliders to modify the mortgage repayment or amount duration to locate a repayment routine that most readily useful matches your preferences.

Verify that you are qualified

At Satsuma, we just think about applicants from British residents aged 18 or higher, who aren’t bankrupt and consent to a credit check.

Us the following information when you apply, you’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, we’ll. Along with this, we possibly may additionally ask you to answer to present three months’ well worth of pay slips included in our earnings verification procedure.

We look at your info

It is not the full application therefore we just require a couple of details

Protect your credit rating

Irrespective of the outcome, it’s not going to affect your credit rating until you decide to use

Offer you your outcome

You will discover call at 60 moments. We are going to want to look at your details if you decide to apply*

Which are the various borrowing quantities?

Satsuma offer loans for quantities between ВЈ100 and ВЈ1,000, which must certanly be paid back in regular or instalments that are monthly 3 and one year. Susceptible to affordability.

The attention charged on our short term installment loans, that will affect the month-to-month repayments while the quantity you pay as a whole, will be based upon the amount you borrow, the size of your payment period along with your circumstances that are current.

Do you know the popular features 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 considering using, take note a few of the features:

All our loans are subject to credit and affordability checks as a responsible lender.

Will my credit rating effect my offer?

Prior to making a decision that is final whether or not to provide for your requirements, all lenders utilize the information held by one of many 3 primary credit reference agencies – Equifax, Experian or TransUnion – combined with the details collected in your application.

At Satsuma, we make use of your credit history included in the application procedure, but we also account for affordability as well as your present circumstances, which means that we look at a ВЈ1,000 loan to credit that is bad.

In case the application is accepted, your credit rating can impact the regards to your loan, such as the quantity of interest you’ll want to repay – as a whole, having a lesser credit history could mean you’ll be charged an increased interest in your loan.

At Satsuma, we set a higher rate of interest on our loans to mirror the truth that we’re going to provide to individuals with a credit score that is poor.

If approved, whenever am I going to get my funds?

When your application is approved, the amount of money could possibly be compensated straight into your bank account in the day that is same . You’ll then need certainly to repay the mortgage, with interest, in regular instalments over 3 to one year.

Simple tips to utilize

Applications for Satsuma temporary ВЈ100 to ВЈ1,000 loans are performed online from beginning to end. To put on, go to our application web web web page and employ our online loan calculator to function the amount out you can borrow along side a suitable payment routine.

Then need a few more details before running a full credit and affordability check if this initial application is approved, we’ll. Whenever we accept provide to you personally, the mortgage will undoubtedly be compensated straight into your account and repayments will likely be immediately taken depending on the agreed schedule.

* Approval for the Satsuma Loan is at the mercy of completion that is successful of and identification checks. Satsuma Loans are just accessible to British residents that are at the very least 18 years old and also have A uk that is valid bank and debit card.