- We’re a lender that is responsible. We never ever let you borrow significantly more than you can easily manage to pay off.
- We don’t apply any fees that are hidden. Pay just right back that which you agree upfront
- Our consumer solution and repayment groups are right here to greatly help
- You won’t have to locate a guarantor.
Typical questions about Short Term Installment Loans
If you’re nevertheless uncertain whether a Satsuma short term is suitable for you, always check out of the responses with a of the very most usually asked concerns.
May i obtain a short-term loan?
If you’re a British resident, aged 18 or over and also have a legitimate British banking account and debit card, you’re https://quickinstallmentloans.com/payday-loans-nh/ eligible to try to get a Satsuma loan. When it comes to getting that loan, we must conduct a credit and affordability check to make sure that you have actually handled repayments well in past times, and that you are able to comfortably pay off the cash you want to borrow.
Do i want a guarantor for the short-term loan?
For many term that is short, you will do need a guarantor. Nevertheless, you don’t desire a guarantor to just simply take away a Satsuma temporary loan.
Could i obtain a term that is short with bad credit?
For those who have bad credit, Satsuma may consider your application still. We take into account a wide range of key facets away from your credit rating, such as for instance your annual incomings and outgoings, along with every other monetary commitments you might have.
Before you make a software, you ought to be sure you have actually the annotated following:
- A legitimate current email address and mobile quantity
- Address information for the past 36 months
- Your revenue and outgoings
- Your bank debit and account card details.
You must be:
- Aged 18 to 74
- A British resident
- Perhaps maybe Not bankrupt
- Prepared to have credit check.
Just how do short term installment loans work?
This differs from lender to lender, with Satsuma nonetheless, our short term installment loans are around for quantities between ?100 and ?1,000, repayable over a length of between 3 and one year.
Willing to use? Head to our Satsuma application for the loan web web page and include your details for an decision that is instant.
Does Satsuma give consideration to applicants with bad credit?
At Satsuma, we view more than simply your credit rating whenever evaluating the job.
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 some other monetary commitments you could 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 before you affect determine if you qualify.
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 enables one to see if you’re apt to be accepted before doing a complete credit check.
As previously mentioned above, we glance at more than simply your credit rating whenever applicants that are considering.
Will Satsuma Loans offer a instant decision?
At Satsuma, we should make obtaining and taking out a brief term loan since clear as you possibly can. That’s why we seek to provide you with an initial decision within 60 moments of one’s initial application being finished as a result 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 obtaining a term that is short, check out reasoned explanations why Satsuma can be one choice for you:
- Noticeable interest repayments – whenever you make an application for a Satsuma loan, the APR (apr) is calculated 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 just back everything you agree upfront – With Satsuma, it is easy to understand just how much borrowing that is you’re your loan is actually the lump sum payment you wish to borrow in addition to the interest. It’s a simple calculation, while our short term installment loans have simply no concealed costs.