On the web Cash Loans Alternative.A cash loan is just a loan where money is compensated straight

Borrow 100 – 1,000, susceptible to affordability

Representative 535%​ APR.

Warning: belated payment could cause you severe cash issues. For assistance, visit moneyadvicek

Exactly what are money loans?

an advance loan is that loan where money is compensated straight to the borrower. With Satsuma nevertheless, we usually do not provide money loans – instead, the sum is paid by us straight into your money when your application was authorized.

Why choose Satsuma?

If you’re re re re searching for a loan on the web, Satsuma may help. We offer online term that is short which may be paid back over a length of 3 to one year. If authorized, it is possible to borrow between 100 – 1,000 through our online procedure.

We’re able to also provide you with a choice and also have the funds in your account regarding the exact same time.

We don’t charge payment that is late or application costs, so that you just pay off the thing that was agreed upfront.

In certain circumstances we do need three months of pay slips, it is to make certain we could validate your revenue.

No concealed charges

Our reviews

Our customers speed us 4.68 out of 5. Reviews.co.uk, July 2019

Decide to try our loan calculator

It helps to work out exactly how much you can afford to borrow and on what terms if you are considering applying for a short term loan.

Utilizing the Satsuma loan calculator, you are able to select the quantity you intend to borrow, the length of the payment duration, and you find a solution that works on your terms whether you prefer weekly or monthly payments – helping.

Utilize the sliders to consider the expense and repayments for various loans over various durations to get the solution that is best for you personally.

Verify that you’re eligible

You can examine to see unless you decide to apply afterwards if you’re eligible for a short term loan, without leaving any trace of a hard search on your credit file. But, you’re not obliged to just just take a loan out in the event that you don’t want to achieve this.

In the event the application is accepted and also you need payday loan to continue, you’ll then need certainly to offer us a few more information so we can run a complete credit search before transferring the agreed quantity for your requirements.

To check on, fill this form out and we’ll give you an instantaneous decision in 60 seconds, at the mercy of affordability.

In a few instances to help expand validate your earnings, we may also request a few months’ well well well worth of pay slips.

Check always just before use

Provide us with a details that are few you will find call at one minute if you should be probably be accepted

Protect your credit rating

Irrespective of the total outcome, it’s not going to impact your credit rating until you decide to apply

Finish the full application

Then run a full credit check which will leave a mark on your credit file if you choose to apply, we’ll

Do Satsuma provide money loans for bad credit?

an advance loan for bad credit may be an alternative from some loan providers, but Satsuma don’t provide money loans – our loans procedure is totally online.

If you’re considering trying to get our short-term loan, then we do examine more than simply your credit rating whenever evaluating the job, this means we give consideration to candidates and also require a bad credit score. Nevertheless, our loans are deposited into a banking account, perhaps perhaps not given out in money.

You may find you’re turned away by some lenders if you have a poor credit score, or no credit history. At Satsuma, we also think about your income that is annual and, alongside some other economic commitments you’ve probably. But, our loan rates of interest are greater than those charged by loan providers such as for example high-street banking institutions.

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 offer which is affordable when you apply.

Is it a payday advance loan?

Pay day loans are generally really short term installment loans that are often given out for a passing fancy day you use, but must then typically be repaid within a couple weeks.

Although you can expect an instantaneous choice on all applications and supply an eligibility choice within one minute, we have been maybe not a payday advances loan company .

At Satsuma, we provide between 3 and one year to settle your loan.

Exactly how much may I borrow?

Influenced by the quantity you will need, Satsuma term that is short permit you to borrow between 100 – 1,000, at the mercy of affordability. You can easily distribute the price over 3 to one year, in the place of having to repay the entire quantity in one lump sum payment.

Will a credit is needed by me check?

We just provide loans at the mercy of a credit check, but once evaluating your eligibility, we additionally account fully for various other facets with regards to your individual funds and circumstances.

This means a credit that is limited or an unhealthy credit history won’t fundamentally suggest the job is refused.

Some differences when considering money loans and a Satsuma temporary loan

If you’re re searching for a advance loan that is compensated and paid back by actually handing over money, a Satsuma loan will never be the proper solution for you personally – we just offer short term installment loans, with payments made straight into your money. This is basically the biggest huge difference between a loan and a Satsuma short-term loan.

By having a Satsuma temporary loan, afterward you repay the funds you borrow in line with the routine you select in the outset (3-12 months). We gather your regular or payment per month from the debit card details you provided us throughout your application.

Some options that come with a term that is short from Satsuma:

Just how to use

To utilize for a Satsuma term that is short, fill out our online form and we’ll deal aided by the entire procedure from beginning to end.

Typical questions about Money Loans

what exactly is an advance loan meaning?

These kinds of loans are often unsecured and therefore are given out in money because of the loan provider. Satsuma have become dissimilar to this, although our loans may also be unsecured, our company is an operator that is online initial application to last payment, which means that we spend the funds straight into your bank account.

Can you can get a money loan having a CCJ?

but you’ll need certainly to show you borrow, plus interest that you can meet the repayment schedule and pay back everything. Our minimal requirements are that borrowers are British residents aged 18 or higher, with a legitimate british banking account and debit card.