Check always before you apply without impacting your credit score

Check always before you apply without impacting your credit score

Can I be accepted if I have bad credit?

We very carefully give consideration to every application, including those from individuals with a credit history that is bad.

We have been a responsible loan provider and our choice on whether or not to provide you with that loan will maybe not you should be according to your credit rating, but in addition your own personal circumstances and then we wish to make sure with us, the repayments will be affordable throughout the term of the loan if you take a loan.

Why Satsuma is significantly diffent from a payday financial institution

Satsuma aren’t a loan company that is payday. Repayments on a Satsuma short-term loan may be spread over 3 to year meaning the entire payment is not used one instalment.

Some options that come with a Satsuma term that is short are:

  • You don’t have actually to cover the mortgage right back in a single lump sum payment.
  • You’ll never ever be charged any fees that are extra you’ll pay just what exactly is agreed in advance.
  • It is possible to elect to spend either monthly or weekly.
  • You can easily repay your loan in instalments over a time period of as much as a year.
  • It is possible to borrow as much as ВЈ1,000, at the mercy of affordability, no matter if you’re a new client.
  • The money will most likely maintain your money the exact same time your application is accepted
  • We now have a client Care group available in the event that you come across problems.

All our loans are subject to credit and affordability checks as a responsible lender.

Prepared to get going?

For those who have check this out information and believe that a Satsuma short-term loan, an alternative solution to payday advances, could be the right choice for you, then make use of our loans calculator. This can permit you to see what the repayments would seem like regarding the quantity you want to borrow.

You may then like to check always before you apply.

Our application procedure are able to be completed online, and you also might get a decision that is final one minute.

Typical questions regarding payday advances

May I get an online payday loan with really bad credit?

Eligibility for that loan can rely on each lender’s criteria that are individual. Typically, an online payday loan provider will look at both your credit score as well as your current financial climate before they make a choice on whether or not to provide for your requirements plus some loan providers could be more willing than the others to provide to individuals with really bad credit. Nevertheless, this will range from one lender to a different.

Satsuma aren’t a payday loan provider however we give consideration to all circumstances, including bad credit. We do finish a credit check as well as just take your individual circumstances into account included in our decisioning. You can examine to see beforehand if you’re very likely to be eligible for certainly one of our loans that are short-term.

What the results are in the event that you don’t repay an online payday loan?

All creditors may vary, which means you should start thinking about very carefully whenever trying to get financing just what the stipulations are about the results of lacking repayments..

What goes on in the event that you don’t repay a Satsuma loan?

With a Satsuma loan that is short-term there are not any fees for late or missed payments, you’ll only pay off that which you agree in advance. And that means you won’t find your financial troubles grows to a lot more than you expected.

But, when your circumstances do alter and you also don’t let your lender understand and miss repayments or spend not as much as the amount that is contractual you might risk damaging your credit history. Therefore, it is constantly a idea that is good allow a lender recognize if your circumstances alter, and also as Satsuma Loans is a responsible lender, we’ll constantly do that which we can in an attempt to assist.

If you are struggling whether it’s a payday loan or a payday loan alternative, talk to your lender. You are able to communicate with Satsuma by phone, online, or by post. Information on just how to call us can be located right here .

Can we get a payday loan online?

Some pay day loan businesses enable you to apply online. Nevertheless, each business has their particular acceptance needs therefore the capability to be authorized can differ in one loan provider to some other.

You could get a decision within 60 seconds if you decide a short-term loan from Satsuma would suit your needs more than a payday loan, the application process can be done online, and. You merely must have your information handy, including:

  • Your current email address
  • Cell phone quantity
  • Addresses of where you have actually resided going back 36 months
  • Information on your earnings and outgoings
  • Bank-account information.

Exactly what are some options to payday advances?

Satsuma loans are one alternative in the event that you give consideration to repaying over an extended period . We provide cash over 3 to one year, meaning it is possible to distribute the price over a few pay packets with month-to-month or regular repayments.

In case your question isn’t answered above, you can easily phone our customer support group on 0800 694 0004.

* Approval for a Satsuma Loan is susceptible to effective conclusion of affordability and identification checks. Satsuma Loans are merely open to British residents who will be at least 18 yrs old and have now a valid British banking account and debit card