You always know when you apply for a short term loan from Satsuma:

Typical questions regarding Short Term Installment Loans

If you’re nevertheless uncertain whether a Satsuma short-term suits you, check always the answers out for some of the very most usually expected concerns.

May i get a short term loan?

If you’re a British resident, aged 18 or over and also a valid British banking account and debit card, you’re eligible to try to get a Satsuma loan. With regards to getting that loan, we must conduct a credit and affordability check to make sure that you have actually handled repayments well within the past, and therefore you can easily comfortably pay off the cash you intend to borrow.

Do i want a guarantor for the term loan that is short?

For many term that is short, you will do need a guarantor. But, you don’t desire a guarantor to just just take a Satsuma out temporary loan.

Could i obtain a term that is short with bad credit?

When you yourself have bad credit, Satsuma may nevertheless consider carefully your application. We take into account a quantity of important aspects away from your credit rating, such as for example your yearly incomings and outgoings, in addition to just about any economic commitments you may possibly have.

Before generally making a credit card applicatoin, you will need to ensure you have actually the immediate following:

Additionally you must be:

How do short term loans work?

This varies from lender to lender, with Satsuma but, our short term installment loans are offered for quantities between ?100 and ?1,000, repayable over a length of between 3 and year.

Prepared to use? Head to our Satsuma application for the loan web page and include your details for the decision that is instant.

Does Satsuma give consideration to applicants with bad credit?

At Satsuma, we examine more than simply your credit rating whenever evaluating the job.

When you yourself have an undesirable credit rating or no credit rating, you could find you’re turned away by some lenders. At Satsuma, we also think about your yearly incomings and outgoings, alongside just about any monetary commitments you could 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 can examine if you qualify before you apply to find out.

Does Satsuma provide term that is short without any credit check?

No, we don’t offer loans without having a credit check. We do have an eligibility checker, nevertheless – this enables you to definitely see if you’re probably be accepted before finishing a complete credit check.

As stated above, we glance at more than simply your credit rating whenever considering applicants.

Will Satsuma Loans offer a immediate decision?

At Satsuma, we should make obtaining and taking out fully a term that is short because clear as you possibly can. That’s why we make an effort to offer you a decision that is initial 60 moments of one’s initial application being finished by way of our capacity to check always before you use.

Why must I select Satsuma for my temporary loan?

If you’re considering obtaining a term that is short, here are a few factors why Satsuma might be one selection for you:

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