At Satsuma, we glance at more than simply your credit rating whenever evaluating the application.
When you have an undesirable credit rating or no credit score, you will probably find youвЂ™re turned away by some loan providers. At Satsuma, we also consider carefully your yearly incomings and outgoings, alongside just about any economic commitments you might 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.
No, we donвЂ™t offer loans with no credit check. We do have an eligibility checker, nevertheless вЂ“ this permits you to definitely see if youвЂ™re apt to be accepted before finishing a credit check that is full.
As previously mentioned above, we consider more than simply your credit history whenever applicants that are considering.
At Satsuma, you want to make trying to get and taking right out a term that is short since clear as you can. ThatвЂ™s why we seek to offer you a decision that is initial one minute of one’s initial application being finished because of our power to always check before you use.
If youвЂ™re considering obtaining a temporary loan, below are a few explanations why Satsuma could be one choice for you:
Fixed repayments вЂ“ whenever you make an application for a Satsuma loan, the APR (apr) is determined before you distribute the application, in order to see just how much you will need to repay and exactly what your month-to-month repayments should be. No fees that are hidden. Pay just right right back everything you agree upfront вЂ“ With Satsuma, it is easy to understand exactly how much borrowing that is youвЂ™re your loan is merely the lump sum payment you wish to borrow in addition to the interest. ItвЂ™s a easy calculation, while our short term loans include simply no concealed charges.
WeвЂ™re a lender that is responsible. We never ever let you borrow significantly more than you are able to manage to pay back. We donвЂ™t apply any fees that are hidden. Pay just right back that which you agree upfront. Our consumer payment and service groups are here to greatly help. You wonвЂ™t want to find a guarantor.
If youвЂ™re nevertheless uncertain whether a Satsuma short-term suits you, always check the answers out for some of the very most usually expected concerns.
could i get yourself a short-term loan?
If youвЂ™re a British resident, aged 18 or over and have now a legitimate British banking account and debit card, youвЂ™re eligible to try to get 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 into the past, and therefore you can easily comfortably pay off the amount of money you want to borrow.
Do i want a guarantor for a temporary loan?
For a few short term installment loans, you will do need a guarantor. Nonetheless, you donвЂ™t require a guarantor to just take a Satsuma out short-term loan.
Am I Able To obtain a term that is short with bad credit?
When you have bad credit and require a loan, Satsuma may nevertheless consider carefully your application. We take into account an amount of key facets outside of your credit rating, such as for example your annual incomings and outgoings, along with just about any monetary commitments you’ve probably.
Before you make a software, you ought to ensure you have actually the annotated following:
A legitimate email and mobile quantity. Address information for the previous 36 months. Your revenue and outgoings. Your bank debit and account card details.
Additionally you have to be:
Aged 18 to 74. A british resident. Maybe maybe perhaps Not bankrupt. Happy to have credit check.
How do short term installment loans work?
This differs from lender to lender, with Satsuma nonetheless, our short term installment loans are around for quantities between ВЈ100 and ВЈ1,000, repayable during a period of between 3 and one year.
prepared to use? Head to our Satsuma application for the loan web web page and add your details for an immediate decision.