• We’re a responsible loan provider. We never ever let you borrow a lot more than you can easily back afford to pay.
• We don’t apply any concealed charges. Pay only right back everything you agree upfront
• Our consumer solution and repayment groups are right here to aid
• You won’t have to look for a guarantor.

Typical questions regarding Short Term Installment Loans

If you’re nevertheless not sure whether a Satsuma short-term suits you, always check the answers out for some of the very most frequently expected concerns.

Could i get yourself a term loan that is short?

You’re eligible to apply for a Satsuma loan if you’re a UK resident, aged 18 or over and have a valid UK bank account and debit card. With regards to getting that loan, we have to conduct a credit and affordability check to ensure you have actually handled repayments well into the past, and that you can easily comfortably repay the income you want to borrow.

Do i want a guarantor for the term loan that is short?

For a few term that is short, you do require a guarantor. Nonetheless, you don’t require a guarantor to simply simply just take away a Satsuma short-term loan.

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

When you have bad credit, Satsuma may still consider carefully your application. We take into account a number of important aspects away from your credit score, such as for instance your yearly incomings and outgoings, along with some other economic commitments you have.

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

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

In addition, you must be:

• Aged 18 to 74
• A UK resident
• Perhaps perhaps Not bankrupt
• Happy to have a 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 year.

Prepared to use? Head to our Satsuma application for the loan web web page and include your details for the instant decision.

Does Satsuma think about applicants with bad credit?

At Satsuma, we glance at more than simply your credit history whenever evaluating the job.

When you have an undesirable credit history or no credit rating, you will probably find you’re turned away by some loan providers. At Satsuma, we also think about your yearly incomings and outgoings, alongside virtually any monetary commitments you might have.

Whenever you use, we are in need of one to be since accurate as you possibly can aided by the details you provide us with, so we can utilize all of this information to provide you an immediate choice and provide a sum that you could fairly repay.

You should check 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 with out a credit check. We do have an eligibility checker, however – this permits one to see if you’re probably be accepted before completing a full credit check.

As stated above, we examine more than simply your credit rating whenever considering applicants.

Will Satsuma Loans offer a decision that is instant?

At Satsuma, we should make obtaining and taking right out a term that is https://personalinstallmentloans.org/payday-loans-nc/ short since clear as you possibly can. That’s why we seek to present a short choice within 60 moments of one’s initial application being finished as a result of our capacity to always check before you apply.

Why do I need to select Satsuma for my term that is short loan?

If you’re considering obtaining a term that is short, check out factors why Satsuma can be one selection for you:

• Noticeable interest repayments – whenever 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 concealed charges. Pay just right back everything you agree upfront – With Satsuma, it is easy to understand just how much you’re borrowing because your loan is actually the swelling sum you wish to borrow as well as the interest. It’s a easy calculation, while our short term installment loans include simply no concealed costs.