At Satsuma, we glance at more than simply your credit history whenever evaluating the application.
When you have an undesirable credit rating or no credit rating, you could find youвЂ™re turned away by some loan providers. At Satsuma, we also think about your incomings that are annual outgoings, alongside any kind of economic commitments you have.
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 without any credit check?
No, we donвЂ™t offer loans without having a credit check. We do have an eligibility checker, however вЂ“ this enables one to see if youвЂ™re apt to be accepted before finishing a credit check that is full.
As previously mentioned above, we glance at more than simply your credit rating when applicants that are considering.
Will Satsuma Loans offer a decision that is instant?
At Satsuma, we should make obtaining and taking out fully a brief term loan since clear as you can. ThatвЂ™s why we make an effort to offer you a short choice within 60 moments of one's initial application being finished as a result of our capability to always check before you apply.
Why do I need to select Satsuma for my term that is short loan?
If youвЂ™re considering applying for a short-term loan, below are a few main reasons 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 back everything you agree upfront вЂ“ With Satsuma, it is obvious just how much youвЂ™re borrowing because your loan is actually the swelling sum you wish to borrow and the interest. ItвЂ™s a calculation www.installmentloansindiana.org that is simple while our short term installment loans have simply no concealed costs.
Once you submit an application for a brief term loan from Satsuma, you constantly understand:
WeвЂ™re a responsible loan provider. We never ever let you borrow significantly more than you can easily manage to pay off. We donвЂ™t apply any concealed charges. Pay only right right back everything you agree upfront. Our client service and repayment groups are right right right here to simply help. You wonвЂ™t need certainly 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 usually expected concerns.
could i obtain a temporary loan?
If youвЂ™re a British resident, aged 18 or over and also a valid British banking account and debit card, youвЂ™re eligible to utilize for a Satsuma loan. When it comes to getting that loan, we have to conduct a credit and affordability check to ensure you have actually handled repayments well within the past, and therefore it is possible to comfortably pay off the income you want to borrow.
Do i want a guarantor for the temporary loan?
For a few short term installment loans, you will do demand a guarantor. Nonetheless, you donвЂ™t require a guarantor to just just take down a Satsuma temporary loan.
may i get yourself a temporary loan with bad credit?
When you have bad credit and desire a loan, Satsuma may still consider carefully your application. We consider an amount of key facets away from your credit score, such as for example your incomings that are annual outgoings, in addition to every other monetary commitments you may possibly have.
Before you make a software, you'll want to be sure you have actually the immediate following:
A legitimate current email address and mobile quantity. Address information for the previous 3 years. Your earnings and outgoings. Your bank debit and account card details.
You have to be:
Aged 18 to 74. A british resident. Maybe maybe perhaps Not bankrupt. Happy to have credit check.
just how do short term installment loans work?
This varies from lender to lender, with Satsuma nonetheless, our short term installment loans are offered for quantities between ВЈ100 and ВЈ1,000, repayable over a period of between 3 and one year.
prepared to apply? Head to our Satsuma application for the loan page and add your details for the immediate decision.