- We’re a lender that is responsible. We never let you borrow a lot more than you are able to manage to pay off.
- We don’t apply any concealed charges. Pay only right right back everything you agree upfront
- Our consumer solution and repayment groups are right here to aid
- You won’t want to locate 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 out of the responses with a of the very most frequently expected concerns.
Can I get yourself a temporary loan?
If you’re a British resident, aged 18 or over and also a legitimate British banking account and debit card, you’re eligible to try to get a Satsuma loan. With regards to getting financing, we have to conduct a credit and affordability check to ensure you have actually handled repayments well in past times, and therefore it is possible to comfortably pay off the income you intend to borrow.
Do i want a guarantor for a temporary loan?
For a few short term installment loans, you will do need a guarantor. Nevertheless, you don’t require a guarantor to just simply simply take a Satsuma out short-term loan.
Could i get a term that is short with bad credit?
For those who have bad credit, Satsuma may still consider carefully your application. We take into account a quantity of important aspects away from your credit rating, such as for instance your incomings that are annual outgoings, in addition to some other economic commitments you may possibly have.
Before generally making a credit card applicatoin, you will need to ensure you have actually the annotated following:
- A legitimate email and mobile quantity
- Address information when it comes to previous 36 months
- Your revenue and outgoings
- Your bank debit and account card details.
In addition, you must be:
- Aged 18 to 74
- A British resident
- Maybe Not bankrupt
- Happy to have credit check.
How do short term installment loans work?
This differs from lender to lender, with Satsuma nevertheless, our short term installment loans are around for quantities between ?100 and ?1,000, repayable over a length of between 3 and year.
Willing to use? Head to our Satsuma application for the loan web 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 history whenever evaluating the application.
When you have a bad credit rating or no credit score, you could find you’re turned away by some loan providers. At Satsuma, we also consider carefully your yearly incomings and outgoings, alongside any kind of monetary commitments you may possibly 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 term that is short without any credit check?
No, we don’t offer loans without a credit check. We do have an eligibility checker, however – this enables one to see if you’re probably be accepted before doing a credit check that is full.
As previously mentioned above, we view more than simply your credit rating whenever applicants that are considering.
Will Satsuma Loans offer a decision that is instant?
At Satsuma, we should make trying to get and taking out fully a term that is short since clear as you possibly can. That’s why we make an effort to provide you with a decision that is initial one minute of the initial application being finished because of our power to always check before you use.
Why can I select Satsuma for my term that is short loan?
If you’re considering applying for a term that is short, here are a few factors why Satsuma could be one selection for you:
- Noticeable interest repayments – once 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 fees that are hidden. Pay only right back that site right there which you agree upfront – With Satsuma, it is easy to understand simply how much you’re borrowing because your loan is probably the lump sum payment you wish to borrow in addition to the interest. It’s a calculation that is simple while our short term installment loans include simply no concealed costs.
