You always know when you apply for a short term loan from Satsuma:

Naman October 1, 2020 0 Comments

You always know when you apply for a short term loan from Satsuma:

  • We’re a lender that is responsible. We never ever let you borrow significantly more than you are able to manage to pay off.
  • We don’t apply any fees that are hidden. Pay only right back that which you agree upfront
  • Our consumer solution and payment groups are right right here to simply help
  • You won’t need certainly 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, check always out of the answers for some of the very most usually expected concerns.

May i get yourself a short-term 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 utilize for a Satsuma loan. With regards to getting that loan, we must conduct a credit and affordability check to ensure you have blog actually handled repayments well within the past, and therefore you are able to comfortably pay off the cash you intend to borrow.

Do i want a guarantor for the temporary loan?

For many short term installment loans, you do need a guarantor. Nevertheless, you don’t desire a guarantor to take a Satsuma out short-term loan.

Am I Able To get a term that is short with bad credit?

When you yourself have bad credit, Satsuma may nevertheless think about your application. We take into account a quantity of important aspects outside of your credit score, such as for instance your incomings that are annual outgoings, along with any kind of economic commitments you could have.

Prior to making a software, you’ll want to ensure you have actually the immediate following:

  • A legitimate current email address and mobile quantity
  • Address information when it comes to previous 36 months
  • Your earnings and outgoings
  • Your bank debit and account card details.

You have to be:

  • Aged 18 to 74
  • A British resident
  • Perhaps maybe perhaps Not bankrupt
  • Ready to have credit check.

Just how do short term installment loans work?

This varies from lender to lender, with Satsuma nonetheless, our short term loans are offered for amounts between ?100 and ?1,000, repayable over a length of between 3 and one year.

Prepared 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 glance at more than simply your credit rating whenever evaluating the application.

For those who have an unhealthy credit rating or no credit score, you could find you’re turned away by some loan providers. At Satsuma, we also consider carefully your incomings that are annual outgoings, alongside every other financial commitments you’ve probably.

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 should check before you connect with determine if you qualify.

Does Satsuma provide short term installment loans without any credit check?

No, we don’t offer loans without having 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 stated above, we glance at more than simply your credit rating when considering candidates.

Will Satsuma Loans offer a immediate decision?

At Satsuma, you want to make trying to get and taking out fully a quick term loan since clear as you can. That’s why we make an effort to offer you a short choice within 60 moments of one’s initial application being finished as a result of our capacity 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, here are a few factors why Satsuma might be one selection for you:

  • Noticeable interest repayments – once you make 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 right back everything you agree upfront – With Satsuma, it is easy to understand exactly how much borrowing that is you’re your loan is definitely the lump sum payment you need to borrow and the interest. It’s a calculation that is simple while our short term installment loans come with simply no concealed charges.

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