Borrow 100 – 1,000, at the mercy of affordability

Representative 535%​ APR.

Warning: belated payment may cause you severe cash dilemmas. For assistance, visit moneyadvicek

Exactly what are money loans?

a loan is that loan where money is compensated straight to the debtor. With Satsuma but, we usually do not provide money loans – instead, we spend the amount straight into your money when your application happens to be approved.

Why choose Satsuma?

If you’re re re searching for a loan on the web, Satsuma may help. We offer online short term installment loans that can be repaid over a length of 3 to one year. If authorized, you’ll borrow between 100 – 1,000 through our online procedure.

We’re able to also offer you a determination and also have the funds in your bank account from the exact same time.

We don’t charge belated repayment charges or application costs, so that you just pay off the thing that was agreed upfront.

This is to ensure we can validate your income in some instances we do require 3 months of pay slips.

No fees that are hidden

Our reviews

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

Try our loan calculator

If you should be considering trying to get a brief term loan, it will help to sort out how much you are able to manage to borrow as well as on exactly what terms.

Utilizing the Satsuma loan calculator, you can easily pick the quantity you need to borrow, the length of the payment duration, and you find a solution that works on your terms whether you prefer weekly or monthly payments – helping.

Make use of the sliders to check out the expenses and repayments for various loans over various durations to obtain the best answer for your needs.

Verify that you’re eligible

You can examine to see unless you decide to apply afterwards if you’re eligible for a short term loan, without leaving any trace of a hard search on your credit file. But, you’re not obliged to just simply just simply take a loan out in the event that you don’t want to achieve this.

When your application is accepted and also you want to continue, you’ll then need certainly to offer us a few more information so we can run a complete credit search before transferring the agreed quantity for your requirements.

To test, fill away this form and we’ll give you an instantaneous decision in 60 seconds, at the mercy of affordability.

In a few instances to help validate your earnings, we may additionally request a few months’ well worth of pay slips.

Check always just before use

Provide us with a details that are few you will find away in one minute if you are apt to be accepted

Protect your credit rating

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

Finish an application that is full

Then run a full credit check which will leave a mark on your credit file if you choose to apply, we’ll

Do Satsuma provide money loans for bad credit?

an advance loan for bad credit may be a choice from some loan providers, nevertheless Satsuma usually do not provide money loans – our loans procedure is totally online.

Then we do look at more than just your credit score when assessing your application, which means we consider applicants who may have an adverse credit history if you are considering applying for our short term loan. But, our loans are deposited right into a bank-account, perhaps maybe perhaps perhaps not given out in money.

When you have an unhealthy credit history, or no credit score, you could find you’re turned away by some lenders. At Satsuma, we also think about your yearly earnings and outgoings, alongside virtually any economic commitments you might have. But, our loan interest levels are more than those charged by loan providers such as for instance high-street banking institutions.

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 offer which is affordable when you apply.

Is this a payday advance loan?

Pay day loans are generally extremely short term installment loans that are given out for a passing fancy time you use, but must then typically be repaid within a couple weeks.

We are not a payday cash loan provider although we offer an instant decision on all loan applications and provide an eligibility decision within 60 seconds .

At Satsuma, we offer you between 3 and one year to settle your loan.

Exactly how much may I borrow?

Determined by the total amount you will need, Satsuma term that is short permit you to borrow between 100 – 1,000, susceptible to affordability. You can easily distribute the price over 3 to year, in the place of having to repay the entire quantity in one swelling amount.

Will i want a credit check?

We just provide loans at the mercy of a credit check, nevertheless when evaluating your eligibility, we additionally account for some other facets relating to your finances that are personal circumstances.

Which means online payday loans Michigan a credit that is limited or an unhealthy credit history won’t fundamentally suggest the application is refused.

Some differences when considering money loans and a Satsuma temporary loan

If you’re re re re searching for an advance loan this is certainly compensated and paid back by actually handing over money, a Satsuma loan will never be the best solution for you personally – we just offer short term installment loans, with payments made straight into your money. This is actually the biggest huge difference between an advance loan and a Satsuma short-term loan.

With a Satsuma short-term loan, afterward you repay the funds you borrow based on the routine you select during the outset (3-12 months). We gather your regular or payment per month from the debit card details you provided us throughout your application.

Some options that come with a term that is short from Satsuma:

Simple tips to use

To use for a Satsuma term that is short, fill out our online form and we’ll deal utilizing the entire process from beginning to end.

Typical questions about Cash Loans

what exactly is an advance loan meaning?

These kind of loans usually are unsecured and they are given out in money because of the loan provider. Satsuma have become dissimilar to this, although our loans will also be unsecured, we’re an operator that is online initial application to last payment, this means we spend the amount of money straight into your account.

Can you can get a money loan with a CCJ?

however you will need to prove as you are able to meet up with the payment schedule and pay off all you borrow, plus interest. Our minimal requirements are that borrowers are UK residents aged 18 or higher, with a legitimate british banking account and debit card.