At Satsuma, we glance at 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 incomings that are annual outgoings, alongside virtually any financial commitments you 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 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 with out a credit check. We do have an eligibility checker, nevertheless – this enables you to definitely see if you’re probably 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 instant decision?
At Satsuma, we should make applying for and taking out fully a term that is short since clear as you possibly can. That’s why we try to provide you with a preliminary choice within 60 moments of one’s initial application being finished because of our capability to always check before you use.
Why must I select Satsuma for my temporary loan?
If you’re considering applying for a short-term loan, here are a few reasoned explanations why Satsuma can be one selection for you:
Fixed 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 fees that are hidden. Pay just back that which you agree upfront – With Satsuma, it is easy to understand exactly how much borrowing that is you’re your loan is just the swelling amount you wish to borrow as well as the interest. It’s a easy calculation, while our short term installment loans have simply no concealed charges.
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 repay. We don’t apply any fees that are hidden. Pay only back that which you agree upfront. Our client solution and repayment groups are right here to aid. You won’t want to find a guarantor.
Typical questions regarding Short Term Installment Loans
If you’re nevertheless not sure whether a Satsuma short-term suits you, always check out of the answers with a of the very most usually expected questions.
may i get yourself a temporary 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 financing, we must conduct a credit and affordability check to make sure that you have actually handled repayments well in past times, and that it is possible to comfortably pay off the amount of money you want to borrow.
Do i want a guarantor for a short-term loan?
For a few short term installment loans, you will do demand a guarantor. Nevertheless, you don’t require a guarantor to just just take down a Satsuma short-term loan.
could i get yourself a temporary loan with bad credit?
For those who have bad credit and need a loan, Satsuma may nevertheless think about your application. We take into account a amount of key facets outside of your credit rating, such as for example your incomings that you could try these out are annual outgoings, along with just about any economic commitments you have.
Before you make a credit card applicatoin, you’ll want to be sure you have actually the annotated following:
a legitimate current email address and mobile quantity. Address information when it comes to previous 3 years. Your earnings and outgoings. Your bank account and debit card details.
In addition, you have to be:
Aged 18 to 74. A british resident. Perhaps perhaps Not bankrupt. Happy to have credit check.
just how do short term installment loans work?
This differs from lender to lender, with Satsuma nevertheless, our short term installment loans are for sale to quantities between ВЈ100 and ВЈ1,000, repayable during a period of between 3 and year.
willing to use? Head to our Satsuma application for the loan web page and include your details for an decision that is instant.