Whenever you submit an application for a quick term loan from Satsuma, you constantly understand:
- We’re a lender that is responsible. We never ever let you borrow a lot more than it is possible to back afford to pay.
- We don’t apply any concealed charges. Pay just back everything you agree upfront
- Our client solution and repayment groups are here to greatly help
- You won’t have to find a guarantor.
Typical questions regarding Short Term Installment Loans
If you’re nevertheless uncertain whether a Satsuma short-term suits you, check always out of the responses to some of the most usually expected concerns.
May i get a short-term loan?
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. When it comes to getting that loan, we must conduct a credit and affordability check to ensure you have handled repayments well in past times, and that you are able to comfortably pay off the amount of money you intend to borrow.
Do I need a guarantor for the term loan that is short?
For a few term that is short, you will do demand a guarantor. Nonetheless, you don’t require a guarantor to simply take a Satsuma out short-term loan.
Could i get yourself a term that is short with bad credit?
For those who have bad credit, Satsuma may nevertheless think about your application. We take into account a number of key facets outside of your credit score, such as for example your incomings that are annual outgoings, along with every other monetary commitments you’ve probably.
Before you make a software, you’ll want to make certain you have actually the immediate following:
- A legitimate current email address and number that is mobile
- Address information when it comes to previous 36 months
- Your revenue and outgoings
- Your bank account and debit card details.
You should be:
- Aged 18 to 74
- A British resident
- Maybe maybe maybe Not bankrupt
- Ready 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 during a period of between 3 and year.
Prepared to use? Head to our Satsuma application for the loan web page and include your details for an immediate decision.
Does Satsuma think about applicants with bad credit?
At Satsuma, we examine more than simply your credit rating whenever evaluating the application.
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 consider carefully your yearly incomings and outgoings, alongside other monetary commitments you might have.
Whenever you use, we truly need you to definitely be because accurate as you possibly can with all the details you provide us with, therefore we can utilize all of this information to provide you an instantaneous choice and gives an quantity that one may fairly repay.
You should check before you connect with determine if you qualify.
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 apt to be accepted before finishing a complete credit check.
As stated above, we examine more than simply your credit rating whenever considering candidates.
Will Satsuma Loans offer a immediate decision?
At Satsuma, we should make obtaining and taking out fully a term that is short since clear as you can. That’s why we seek to offer you a short choice within 60 moments of the initial application being finished as a result of our capacity to check always before you use.
Why must I select Satsuma for my term that is short loan?
If you’re considering obtaining a temporary loan, check out reasoned explanations why Satsuma could 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 https://quickinstallmentloans.com/payday-loans-ar/ and what your monthly repayments will be before you submit your application.
- No concealed costs. Pay only right right right back that which you agree upfront – With Satsuma, it is obvious exactly how much you’re borrowing because your loan is merely the lump sum payment you need to borrow and the interest. It’s a easy calculation, while our short term installment loans include simply no hidden costs.
