Check before you use with Satsuma
Satsuma do credit checks once you make an application for a loan. Quickquid additionally familiar with. Caused by this credit check will play component within the approval procedure of your loan. But we realize you may concern yourself with a credit check, particularly if you’ve had credit dilemmas in past times.
Satsuma includes a free solution to find out if you may be accepted for a financial loan without inside your credit score.
Being a lender that is responsible desire to make certain you just borrow funds you’ll pay for to settle. We do not would like you dealing with debt that is unnecessary.
However it isn’t exactly about your credit score. Even though you have experienced credit problems in past times.
We check your info
It isn’t an application that is full we only require several details
Protect your credit rating
Irrespective of the outcome, it will not impact your credit rating until you elect to apply
Provide your outcome
You will find away in 60 moments. We are going to have to always check your details if you opt to apply*
How can Satsuma loans change from QuickQuid loans?
QuickQuid offered extremely short term installment loans all the way to ВЈ1,000. Typically, the mortgage ended up being paid back over 1 to three months.
Satsuma too offer loans to clients as high as ВЈ1,000 at the mercy of affordability. Nonetheless, If authorized after this you have the choice of repaying your Satsuma loan during a period of between 3 and year. You may select whether or not to repay weekly or monthly.
Some options that come with a Satsuma loan
We have fleetingly outlined the sort of loan it is possible to submit an application for from us. But let’s have a look at Satsuma loans in a tad bit more information.
The method from application to conclusion for the Satsuma temporary loan is completed on the internet and, if authorized we could move the mortgage quantity into the banking account in the exact same time.
Our loan quantities
Being a customer that is new can borrow as much as ВЈ1,000 at the mercy of affordability. The minimum amount it is possible to borrow from us is ВЈ100.
How do you repay my loan?
You can easily elect to repay your loan in monthly or regular instalments. Your repayments could be made over a period that is minimum of months and no more than year.
Your repayments are formulated Continuous Payment that is using Authority. This method immediately takes payment from your own debit card regarding the date you consented with us. What this means is that you don’t need to worry about installing a direct debit or need to remember to deliver us a payment on a monthly basis.
Exactly what are the expenses of a Satsuma loan?
We never charge additional charges. Even though a repayment is missed by you. We’ll just ever ask you to repay the quantity you agree once you remove that loan. This can include the sum money you borrow plus interest. You can observe how much a Satsuma loan shall set you back making use of our payday loans Virginia loan calculator (below). Satsuma certainly are a high interest loan provider but, this would be considered if applying for certainly one of our loans.
How about credit checks?
Satsuma is going to do a credit check once you submit an application for that loan. All loan providers do that. The consequence of this credit check will play a right component within the approval procedure of your loan. But we comprehend you might concern yourself with a credit check, particularly if you’ve had credit problems in past times.
However it isn’t exactly about your credit history. Even though you’ve had credit dilemmas in the past. When contemplating the application, we do not simply have a look at your credit score. We’ll give consideration to your personal circumstances even though you have a present CCJ.
Nevertheless, we will just accept your application for the loan you’re able to afford the repayments if we think.
Trying to get a Satsuma loan?
Trying to get that loan from Satsuma is a process that is three-step
1) make use of our loan calculator to observe how much your repayments will likely be regarding the amount you wish to borrow.
2) check always to see before you apply if you’re eligible for a loan.
3) finish the application that is online.
* Unless you determine to use. Approval for the Satsuma Loan is susceptible to effective completion of affordability and identification checks. Satsuma Loans are merely open to British residents that are at minimum 18 many years of age and now have A uk that is valid bank and debit card.