At Satsuma, we glance at more than simply your credit rating whenever evaluating the job.
You may find youвЂ™re turned away by some lenders if you have a poor credit score or no credit history. At Satsuma, we also think about your annual incomings and outgoings, alongside just about any economic commitments you may possibly have.
Whenever you use, we truly need you to definitely be because accurate as you are able to because of the details you provide us with, so we can utilize all of this information to provide you an instantaneous choice and gives an quantity that one can fairly repay.
You can examine before you connect with determine if you qualify.
Does Satsuma provide term that is short without any credit check?
No, we donвЂ™t offer loans without having a credit check. We do have an eligibility checker, nevertheless вЂ“ this enables you to definitely see if youвЂ™re apt to be accepted before finishing a complete credit check.
As previously mentioned above, we view more than simply your credit history whenever considering candidates.
Will Satsuma Loans offer a decision that is instant?
At Satsuma, we should make trying to get and taking out fully a term that is short because clear as you possibly can. ThatвЂ™s why we make an effort to provide you with a preliminary choice within one minute of one’s initial application being finished as a result of our power to check before you use.
Why must I choose Satsuma for my short term loan?
If youвЂ™re considering obtaining a temporary loan, here are a few factors why Satsuma can be one selection for you:
Fixed repayments вЂ“ once you submit 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 right right right back everything you agree upfront вЂ“ With Satsuma, it is easy to understand exactly how much borrowing that is youвЂ™re your loan is just the lump sum payment you need to borrow in addition to the interest. ItвЂ™s a calculation that is simple while our short term installment loans have simply no concealed costs.
Once you make an application for a quick term loan from Satsuma, you constantly understand:
WeвЂ™re a responsible loan provider. We never ever let you borrow a lot more than you are able to manage to pay off. We donвЂ™t apply any fees that are hidden. Pay only right right back everything you agree upfront. Our consumer payment and service groups are right right right here to aid. You wonвЂ™t have to look for a guarantor.
Typical questions regarding Short Term Installment Loans
If youвЂ™re nevertheless uncertain whether a Satsuma short-term suits you, check always the answers out for some of the very most frequently expected concerns.
Am I Able To get yourself a short-term loan?
YouвЂ™re eligible to apply for a Satsuma loan if youвЂ™re a UK resident, installment loans Indiana aged 18 or over and have a valid UK bank account and debit card. With regards to getting that loan, we must conduct a credit and affordability check to ensure you have actually handled payments well into the past, and therefore you are able to comfortably repay the amount of money you want to borrow.
Do i want a guarantor for a term loan that is short?
For many short term installment loans, you do need a guarantor. Nonetheless, you donвЂ™t require a guarantor to just take down a Satsuma short-term loan.
could i get yourself a term that is short with bad credit?
For those who have bad credit and require a loan, Satsuma may consider your application still. We take into account a wide range of important aspects outside of your credit rating, such as for example your incomings that are annual outgoings, along with some other economic commitments you could have.
Prior to making a credit card applicatoin, you ought to ensure you have actually the immediate following:
A legitimate email and number that is mobile. Address information for the previous 3 years. Your revenue and outgoings. Your bank account and debit card details.
In addition, you need to be:
Aged 18 to 74. A uk resident. Maybe perhaps perhaps Not bankrupt. Ready to have credit check.
just how do short term loans work?
This differs from lender to lender, with Satsuma but, our short term installment loans are for sale to quantities between ВЈ100 and ВЈ1,000, repayable over a length of between 3 and one year.
willing to use? Head to our Satsuma application for the loan web web page and include your details for the immediate decision.