Frequently referred to as payday advances which had been built to be paid back over a rather period that is short of

Frequently referred to as payday advances which had been built to be paid back over a rather period that is short of

If perhaps you were looking for that loan from Wonga, they’ve experienced management since August 2018. They truly are no further providing loans to brand new or existing clients.

Wonga used to give very term that is short.

Although Wonga no more offer loans you may start thinking about Satsuma as one alternative lender. Only at Satsuma we provide short term installment loans, susceptible to affordability of between ?100 and ?1,000 repayable over 3 to year. Nonetheless, you ought to know that financing from Satsuma differs in a few techniques to those formerly made available from Wonga and some present pay day loan loan providers.

Satsuma loan calculator

You can observe just how much a Satsuma loan will price by making use of our loan calculator. The calculator allows you start to see the varying costs of repaying the mortgage over differing levels of time.

Why wouldn’t you select us for a term loan that is short?

Satsuma Loans had been designed with an awareness of just what matters for you.

No fees that are hidden

Customer care

Our clients speed us 4.68 away from 5. July 2019

Check always before you apply

Before you apply if you’re concerned about whether or not you’ll be accepted for a loan and the impact payday loans Connecticut on your credit rating, you can check.

We will inform you in sixty seconds if you’re entitled to a loan. We do that without doing a difficult credit search, so there’s no effect on your credit score.

Nonetheless, when you do proceed together with your Satsuma loan application, we’ll execute a difficult credit check before confirming our choice. This check shall be recorded on your own credit history.

How it operates

We check your info

It is not an application that is full we just require a couple of details

Protect your credit history

Irrespective of the total outcome, it will not influence your credit history until you elect to use

Provide you with your outcome

You will find down in one minute. We are going to need certainly to look at your details if you decide to apply*

Some popular features of a Satsuma term loan that is short

  • You may be qualified to borrow from ?100 to ?1,000, at the mercy of affordability
  • Repay over 3 – year
  • Choose weekly or repayments that are monthly
  • No costs

Borrow from ?100 to ?1,000

All Satsuma loans can be obtained at the mercy of affordability. If your application is authorized, being a customer that is new could borrow from ?100 – ?1,000 over 3-12 months.

Needless to say, you might not like to borrow the most amount, therefore we offer you the flexibleness of trying to get any amount from ?100 upwards.

Wonga loans had been just a little various for the reason that they typically would have to be paid back more than a faster time period.

Flexible payment terms

You can easily decide to distribute your repayments over three to 12 months. But, you may find you will spend more in interest the longer you are taking to settle that loan.

Many clients elect to repay their Satsuma loans in month-to-month instalments. But you are given by us a choice of paying regular. You might find this useful in the event that you get your wages every week for instance. You need to use the mortgage calculator to observe weekly repayments compare against monthly terms for the total amount you intend to borrow.

Credit checks

Whenever you submit an application for just about any loan all loan providers will carry down a credit check. The credit check determines whether the job shall be authorized.

Satsuma may also execute a credit check, yet not constantly right away. We enable you to determine if you’ll be authorized for a Satsuma loan before you use without inside your credit history. But, if you choose to try to get our loan we’re going to complete a credit check that is full.

Trying to get a temporary loan from Satsuma – a Wonga alternative

If you would like make an application for a Satsuma loan, the very first thing you really need to do is make use of our loan calculator to see simply how much your instalments are going to be on the quantity you’d love to borrow. It is possible to select your loan amount and over just what period you’d like to create your repayments. It is possible to adjust these quantities and timescales to get the loan that most readily useful matches your requirements. You can examine to see if you’ll be accepted you can also get right to our application web page.

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