At Satsuma, we glance at more than simply your credit history whenever evaluating the application.
When you have an undesirable credit history or no credit score, you might find youвЂ™re turned away by some loan providers. At Satsuma, we also think about your yearly incomings and outgoings, alongside any kind of economic commitments you’ve probably.
We need you to be as accurate as possible with the details you give us, so we can use all this information to give you an instant decision and offer an amount that you can reasonably repay when you apply.
You should check before you connect with determine if you qualify.
Does Satsuma provide short term installment loans with no credit check?
No, we donвЂ™t offer loans with out a credit check. We do have an eligibility checker, nevertheless вЂ“ this enables you to definitely see if youвЂ™re probably be accepted before doing a credit check that is full.
As previously mentioned above, we glance at more than simply your credit rating whenever considering applicants.
Will Satsuma Loans offer a decision that is instant?
At Satsuma, we should make trying to get and taking right out a quick term loan since clear as you possibly can. ThatвЂ™s why we seek to provide you with a decision that is initial 60 moments of one’s initial application being finished because of our capacity to always check before you use.
Why can I choose Satsuma for my short-term loan?
If youвЂ™re considering obtaining a term that is short, below are a few explanations why Satsuma could 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 youвЂ™re borrowing because your loan is actually the swelling amount you need to borrow and the interest. ItвЂ™s a easy calculation, while our short term installment loans have simply no concealed charges.
You always know when you apply for a short term loan from Satsuma:
WeвЂ™re a lender that is responsible. We never ever let you borrow a lot more than you are able to manage to pay off. We donвЂ™t apply any concealed charges. Pay just back everything you agree upfront. Our customer payment and service groups are right here to simply help. You wonвЂ™t need certainly to locate a guarantor.
Typical questions about Short Term Installment Loans
If youвЂ™re nevertheless not sure whether a Satsuma short-term is suitable for you, always check the answers out for some of the very most usually expected concerns.
could i get yourself a term loan that is short?
YouвЂ™re eligible to apply for a Satsuma loan if youвЂ™re a UK resident, aged 18 or over and have a valid UK bank account and debit card. With regards to getting financing, we have to conduct a credit and affordability check to make sure that you have actually handled repayments well within the past, and that it is possible to comfortably pay off the cash you intend to borrow.
Do i want a guarantor for the term loan that is short?
For a few short term installment loans, you will do need a guarantor. Nevertheless, you donвЂ™t require a guarantor to just simply take a Satsuma out short-term loan.
could i get yourself a term that is short with bad credit?
For those who have bad credit and need a loan, Satsuma may nevertheless think about your application. We take into account a amount of important aspects outside of your credit rating, such as for example your yearly incomings and outgoings, along with any kind of economic commitments you might have.
Before generally making a credit card applicatoin, you’ll want to make certain you have actually the immediate following:
a legitimate email and number that is mobile. Address information for the previous 36 months. Your income and outgoings. Your bank account and debit card details.
Additionally you have to be:
Aged 18 to 74. A british resident. Perhaps perhaps Not bankrupt. Prepared to have a credit check.
just how do short term installment loans work?
This differs from lender to lender, with Satsuma but, our short term installment loans are around for amounts between ВЈ100 and ВЈ1,000, repayable during a period of between 3 and year.
willing to use? Head to our Satsuma application for the loan web page and add your details for the immediate decision.