Payday advances are generally extremely short term installment loans that are paid out on a single time you use, but must then typically be paid back within a couple weeks.
We are not a payday cash loan provider although we offer an instant decision on all loan applications and provide an eligibility decision within 60 seconds .
At Satsuma, you are given by us between 3 and year to settle your loan.
Exactly how much could I borrow?
Influenced by the total amount you will need, Satsuma term that is short permit you to borrow between ВЈ100 – ВЈ1,000, at the mercy of affordability. You can easily distribute the price over 3 to year, in place of the need to repay the whole quantity in one lump sum payment.
We just offer loans susceptible to a credit check, nevertheless when evaluating your eligibility, we additionally take into consideration various other facets about your individual finances and circumstances.
Which means that a credit that is limited or an undesirable credit history wonвЂ™t fundamentally suggest your application is refused.
Some differences when considering money loans and a Satsuma term loan that is short
If youвЂ™re re re re searching for a loan this is certainly compensated and paid back by actually handing over money, a Satsuma loan won’t be just the right solution for you personally вЂ“ we just provide short term installment loans, with payments made straight into your money. This is actually the biggest distinction between a loan and a Satsuma temporary loan.
Having a Satsuma temporary loan, afterward you repay the amount of money you borrow based on the routine you decide on during the outset (3-12 months). We gather your regular or payment per month from the debit card details you offered us throughout your application.
Some options that come with a term that is short from Satsuma:
- Your repayments are obtained from your debit card immediately
- The complete procedure is carried away online вЂ“ you need assistance though we do have a dedicated contact centre too should
- No guarantor will become necessary. WeвЂ™ll never request you to find a person who will pay your loan if you canвЂ™t. The contract we make is merely between both you and ourselves
- Even as a customer that is new you are able to borrow as much as ВЈ1,000, susceptible to affordability
Just how to apply
To utilize for a Satsuma term that is short, fill out our online form and weвЂ™ll deal utilizing the entire process from beginning to end.
Typical questions about Money Loans
what exactly is a advance loan meaning?
These kinds of loans usually are unsecured as they are given out in money by the loan provider. Satsuma are particularly dissimilar to this, although our loans will also be unsecured, our company is an online operator from initial application to last payment, which means that we pay the amount of money straight into your account.
Can you will get a money loan by having a CCJ?
This will harm your credit score and can make getting credit quite difficult if you have a County Court Judgement (CCJ.
With Satsuma but, the application may be considered, despite having a CCJ in your credit report. Make use of our eligibility checker getting a sign if youвЂ™re likely to be accepted, this does not damage your credit rating.
Can a cash is got by you loan whilst being unemployed?
We might additionally consider carefully your application that you can meet the repayment schedule and pay back everything you borrow, plus interest if you are unemployed, but you will have to prove. Our minimal requirements are that borrowers are British residents aged 18 https://personalbadcreditloans.org/payday-loans-or/ or higher, by having a legitimate uk banking account and debit card.