ВЈ1,000 Loans. Which are the various borrowing amounts?

If you’re considering using for a loan, you could borrow as much as £1,000 by having a term that is short from Satsuma, susceptible to affordability.

We don’t cost hidden charges meaning you only pay off that which you agree upfront. You’ll decide to repay the mortgage during a period of 3 to 12 months, either in regular or month-to-month instalments. Before deciding, it is crucial to locate a loan that’s best worthy of your position.

Why choose Satsuma?

At Satsuma, we’ll think about your application even although you have credit score that is poor. We glance at more than simply your credit rating, once we also just simply take affordability as well as your circumstances that are current account. Our loans are unsecured too, meaning we’ll never ask you to answer for a guarantor or place up any home as safety.

Trying to get a £1,000 loan while we aim to give you an initial decision within 60 seconds with us can be done online. Our loans are for sale to quantities between £100 and £1,000, with flexible payment durations of between 3 and one year, and now we don’t charge any fees for late or payments that are missed. Pay just right right back that which you agree upfront.

Nonetheless, we have been an interest lender that is high. You may wish to take into consideration if you are thinking of applying, this is something.

No concealed charges

Our reviews

Our customers speed us 4.68 out of 5. Reviews.co.uk, 2019 july

Decide to try our loan calculator

Before you make an application for any loan, it is constantly well worth checking the payment terms and interest levels, to make sure it is affordable. The Satsuma loan calculator can help you exercise exactly how much the monthly installments and total repayments is supposed to be regarding the quantity you’ll want to borrow.

Utilize the sliders to modify the mortgage repayment or amount period to locate a payment routine that most useful matches your requirements.

Verify that you are qualified

At Satsuma, we just think about applicants from British residents aged 18 or higher, that are perhaps not bankrupt and consent to a credit check.

Whenever you apply, you’ll must also provide us with the next information:

Then carry out a full credit and affordability check before making our final decision if you meet this minimum criteria and continue to the final part of the application, we’ll. As well as this, we possibly may additionally ask you to offer a few months’ well worth of pay slips included in our earnings verification procedure.

We check your info

It is not a full application therefore we only require a couple of details

Protect your credit rating

Irrespective of the result, it will not impact your credit history until you decide to apply

Provide you with your result

You will discover call at one minute. We’ll need certainly to always check your details if you opt to use

Satsuma provide loans for amounts between ВЈ100 and ВЈ1,000, which must certanly be paid back in regular or month-to-month instalments between 3 and one year. Susceptible to affordability.

The attention charged on our short term installment loans, that will affect the month-to-month repayments therefore the quantity you pay in total, will be based upon the total amount you borrow, the size of your repayment duration along with your circumstances that are current.

Exactly what are the top features of a Satsuma ВЈ1,000 loan?

Included in our short term loans, you could borrow as much as ВЈ1,000 even though you have actually woeful credit. If you should be thinking about using, take note a few of the features:

As a accountable loan provider, all our loans are at the mercy of credit and affordability checks.

Will my credit rating effect my offer?

Before you make a ultimate decision on whether or not to provide for your requirements, all lenders make use of the information held by one of several 3 main credit reference agencies – Equifax, Experian or TransUnion – combined with the details collected in the job.

At Satsuma, we make use of your credit history included in the application process, but we additionally account for affordability as well as your present circumstances, this means we look at a ВЈ1,000 loan to bad credit candidates.

In case your application is accepted, your credit rating can impact the regards to your loan, such as the level of interest you will need to repay – generally speaking, having a reduced credit rating could suggest you’ll be charged a greater interest rate on your own loan.

At Satsuma, we set a top rate of interest on our loans to reflect the truth that we’ll lend to individuals with a bad credit rating.

If authorized, when am I going to get my funds?

In the event the application is authorized, the funds could possibly be compensated straight into your bank account in the day that is same . You’ll then need certainly to repay the mortgage, with interest, in regular instalments over 3 to one year.

How to utilize

Applications for Satsuma term that is short to ВЈ1,000 loans are carried out online from beginning to end. To put on, go to our application web web page and make use of our online loan calculator to operate the amount out you can borrow along side a suitable repayment schedule.

Then need a few more details before running a full credit and affordability check if this initial application is approved, we’ll. You, the loan will be paid directly into your account and repayments will be automatically taken as per the agreed schedule if we agree to lend to.

Approval for the Satsuma Loan is at the mercy of successful conclusion of affordability and identification checks. Satsuma Loans are just open to British residents who will be at least 18 years old while having a valid british banking account and debit card.