Pay day loans.Warning: belated payment could cause you serious cash issues.

An alternate. Borrow ВЈ100 – ВЈ1,000, at the mercy of affordability

Representative 535%​ APR.

A quick payday loan is a kind of short-term credit, once the title indicates, your debt using this variety of loan is normally paid back in complete through the borrower’s pay packet that is next.

These types are provided by some lenders of pay day loans, however with Satsuma we only offer short-term loans. Our clients can borrow as much as ВЈ1,000, susceptible to affordability, and repay between 3 to one year, in a choice of regular or instalments that are monthly. This particular aspect differentiates a Satsuma loan from pay day loans.

Why choose Satsuma?

When making our option to pay day loans, we desired to offer a versatile, short-term loan that permitted clients to decide on just how long they spent repaying their loan.

No concealed charges

Our reviews

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

Take to our loan calculator

You may want to consider using our loan calculator to get an understanding of exactly what your repayments will be before you apply for a Satsuma short-term loan. You need to use the sliders to create the quantity you will need to borrow, with weekly or monthly payments over your selected time period whether you prefer to repay it.

It places you in control since you can easily see exactly what the repayments is, replace the quantity or payment duration around, and work down what’s the most suitable choice for your needs.

Our loan calculator shows what you will repay

Check always just before use

Whenever you submit an application for any credit, whether it’s a quick payday loan or an alternate like a quick term loan offered at Satsuma, it’ll leave a mark on the credit history. In the event that you’ve been declined that loan as a consequence of a credit check, it might probably influence your credit rating – even although you don’t wind up taking out fully that loan. This will additionally affect the real means others assess you for credit.

With Satsuma you should check before you use. If you’re considering trying to get certainly one of our short-term loans, we’ll provide an eligibility choice within 60 moments. You won’t influence your credit rating More Help until you elect to just take out of the loan a short while later.

You’re not obliged to simply take away that loan with us after checking and there won’t be an archive from it on your own credit history. A complete application does nevertheless need a full credit check.

We check your info

Its perhaps not a application that is full we just require several details

Protect your credit rating

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

Provide you with your outcome

You will discover call at one minute. We will need certainly to look at your details if you opt to apply*

Could I submit an application for a Satsuma loan on line?

Satsuma just provides short-term loans online. Check always you have filled out a few details, we can give you an initial decision in 60 seconds before you apply and once. Then wish to proceed, this will be subject to a full affordability assessment which includes a credit check if you.

This is to validate your income in some instances we may require 3 months’ worth of payslips.

You’ll need a few details to hand before you use including:

Before or if you have an existing loan with us, you will also need your loan agreement number if you’ve borrowed from us.

Does Satsuma offer Bad Credit Pay Day Loans?

At Satsuma, we never provide bad credit pay day loans as there isn’t any such thing. Whilst some might assume that a dismal credit history|credit that is poor} may result in pay day loans being the sole option available, you will find options available dependent on specific requirements and circumstances, such as for instance a short term loan like Satsuma.

What exactly is a Guarantor Loan, and do Satsuma provide these?

No. Guarantor loans are the ones which require the debtor to own a secondary party guarantee the mortgage payment in the event that original applicant defaults at any point.

Satsuma usually do not provide guarantor loans, one of many popular features of a Satsuma term that is short is that it’s a ‘no guarantor’ loan.

Even you may still be eligible for a Satsuma loan which doesn’t require a guarantor if you have had difficulties with credit in the past.

Can a loan is got by you without a credit check?

Within the UK, regulated lenders need certainly to perform credit and affordability checks to be sure these are generally lending to those who are able to afford it. Satsuma will consequently complete a credit verify that you submit an application for a Satsuma loan that is short-term.