Check always before you use without impacting your credit score
Can I be accepted if i’ve bad credit?
We very carefully start thinking about every application, including those from individuals with a credit history that is bad.
Our company is a responsible loan provider and our choice on whether or not to give you that loan will maybe not you should be centered on your credit history, but in addition your own personal circumstances therefore we like to make sure that invest the that loan with us, the repayments is likely to be affordable for the term regarding the loan.
Why Satsuma differs from the others from a loan company that is payday
Satsuma arenвЂ™t a loan company that is payday. Repayments on a Satsuma term that is short is spread over 3 to year meaning the total payment is not consumed one instalment.
Some attributes of a Satsuma term that is short are:
- You donвЂ™t have actually to pay for the mortgage back in a single lump sum payment.
- YouвЂ™ll never ever be charged any fees that are extra youвЂ™ll pay only what exactly is agreed in advance.
- You are able to elect to spend either regular or month-to-month.
- You can easily repay your loan in instalments during a period of as much as a year.
- It is possible to borrow as much as ВЈ1,000, susceptible to affordability, no matter if youвЂ™re a customer that is new.
- The money will often take your money the day that is same application is accepted
- A Customer is had by us Care group available in the event that you come across problems.
All our loans are subject to credit and affordability checks as a responsible lender.
Prepared to get going?
For those who have look at this information and believe a Satsuma short-term loan, an alternative solution to payday advances, could be the right choice for you personally, then make use of our loans calculator. This can permit you to see just what the repayments would seem like regarding the quantity you intend to borrow.
You may then wish to check always before you apply.
Our application procedure are able to be completed online, and also you might get a final choice within one minute.
Typical questions regarding pay day loans
Could I get an online payday loan with extremely bad credit?
Eligibility for a financial loan can rely on each lenderвЂ™s specific requirements. Typically, a quick payday loan provider will appear at both your credit rating as well as your current economical situation you and some loan companies may be more willing than others to lend to people with very bad credit before they make a decision on whether to lend to. But, this could differ from one loan provider to some other.
Satsuma are not a payday loan provider however we think about all circumstances, including credit that is bad. We do finish a credit check as well as just take your individual circumstances into account included in our decisioning. You can examine to see ahead of time if you’re prone to be eligible for certainly one of our loans that are short-term.
What are the results in the event that you donвЂ™t repay an online payday loan?
All financial institutions may differ, therefore you should start thinking about very carefully whenever trying to get that loan just what the conditions and terms are about the effects of lacking repayments..
What are the results if you donвЂ™t repay a Satsuma loan?
With a Satsuma loan that is short-term there are not any costs for late or missed payments, youвЂ™ll only pay off that which you agree at the start. So that you wonвЂ™t find the debt grows to a lot more than you expected.
Nevertheless, when your circumstances do alter and you also do not allow your lender understand and miss repayments or spend lower than the amount that is contractual you might risk damaging your credit score. Consequently, it is always a idea that is good allow a lender determine if your circumstances alter, so that as Satsuma Loans is a responsible lender, weвЂ™ll constantly do that which we can in an attempt to assist.
If you are struggling whether itвЂ™s a payday loan or a payday loan alternative, talk to your lender. It is possible to communicate with Satsuma by phone, online, or by post. Information on just how to call us can be located right here .
Can we get a payday loan online?
Some loan that is payday permit you to apply online. Nevertheless, each ongoing business has their particular acceptance demands therefore the capability to be approved can differ from a single loan provider to a different.
In the event that you decide a short-term loan from Satsuma would work for you significantly more than a payday loan, the application form procedure could be done online, while might get a choice within one minute. You simply need all of your information handy, including:
- Your current email address
- Mobile phone quantity
- Details of in which you have actually lived going back 3 years
- Information on your earnings and outgoings
- Bank-account information.
What exactly are some options to payday advances?
Satsuma loans are one alternative in the event that you give consideration to repaying over a lengthier period . We provide cash over 3 to year, meaning you are able to distribute the price over a few pay packets with monthly or repayments that are weekly.
In the event your real question isnвЂ™t answered above, it is possible to call our customer support group on 0800 694 0004.
* Approval for a Satsuma Loan is at the mercy of completion that is successful of and identification checks. Satsuma Loans are just open to British residents that are at the very least 18 yrs old while having a UK that is valid bank and debit card