You always know when you apply for a short term loan from Satsuma:
- We’re a responsible loan provider. We never ever let you borrow a lot more than you are able to manage to repay.
- We don’t apply any fees that are hidden. Pay just right back everything you agree upfront
- Our client solution and repayment groups are here to aid
- You won’t need to look for a guarantor.
Typical questions regarding Short Term Installment Loans
If you’re nevertheless not sure whether a Satsuma short-term is suitable for you, always check the answers out for some of the very most frequently expected concerns.
May i get a temporary loan?
You’re eligible to apply for a Satsuma loan if you’re a UK resident, aged 18 or over and have a valid UK bank account and debit card. When it comes to getting that loan, we have to conduct a credit and affordability check to ensure you have actually handled repayments well within the past, and therefore you can easily comfortably pay back the cash you want to borrow.
Do I need a guarantor for a short-term loan?
For a few term that is short, you will do need a guarantor. Nevertheless, you don’t require a guarantor to simply just simply take down a Satsuma short-term loan.
May i get yourself a term that is short with bad credit?
When you have bad credit, Satsuma may consider your application still. We take into account a quantity of key facets outside of your credit score, such as for instance your yearly incomings and outgoings, in addition to any kind of monetary commitments you might have.
Before you make a credit card applicatoin, you’ll want to make certain you have actually the immediate following:
- A valid current email address and mobile number
- Address information when it comes to previous 3 years
- Your earnings and outgoings
- Your bank account and debit card details.
In addition, you should be:
- Aged 18 to 74
- A UK resident
- Maybe perhaps Not bankrupt
- Prepared to have credit check.
Just how do short term installment loans work?
This differs from lender to lender, with Satsuma but, our short term installment loans are offered for quantities between ?100 and ?1,000, repayable over a period 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 think about applicants with bad credit?
At Satsuma, we check 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 think about your yearly incomings and outgoings, alongside every other economic commitments you might 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 can examine if you qualify before you apply to find out.
Does Satsuma provide short term installment loans without any credit check?
No, we don’t offer loans with out a credit check. We do have an eligibility checker, nevertheless – this permits you to definitely see if you’re probably be accepted before doing a complete credit check.
As stated above, we glance at more than simply 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 a term that is short because clear as you possibly can. That’s why we make an effort to provide you with a decision that is initial 60 moments of one’s initial application being finished because of our capability to always check before you use.
Why must I select Satsuma for my term that is short loan?
If you’re considering obtaining a term that is short, below are a few explanations why Satsuma might be one choice for you:
- Noticeable interest repayments – whenever you submit an application for a Satsuma loan, the APR (apr) 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 hidden charges. Pay just right back that which you agree upfront – With Satsuma, it is easy to understand simply how much you’re borrowing because your loan is in fact the lump sum payment you wish to borrow in addition to the interest. It’s a easy calculation, while our short term installment loans include simply no concealed costs.