If perhaps you were trying to find financing from Wonga, they’ve experienced management since August 2018. These are generally not providing loans to brand brand brand brand new or existing clients.
Wonga utilized to produce really short term installment loans. Usually referred to as payday advances which had been built to be repaid over an extremely period that is short of.
Although Wonga no more offer loans you might give consideration to Satsuma as one alternative loan provider. Only at Satsuma you can expect short term installment loans, at the mercy of affordability of between ?100 and ?1,000 repayable over 3 to year. Nonetheless, you should know that financing from Satsuma varies in certain methods to those formerly provided by Wonga plus some present pay day loan loan providers.
Satsuma loan calculator
You can view how much a Satsuma loan will price through the use of our loan calculator. The calculator allows you begin to see the varying costs of repaying the mortgage over differing quantities of time.
Why wouldn’t you select us for the term loan that is short?
Satsuma Loans had been constructed with an awareness of precisely what matters to you personally.
No fees that are hidden
Client satisfaction
Our clients speed us 4.68 away from 5. Reviews.co.uk July 2019
Check always just before use
If you’re concerned about whether or perhaps not you’re going to be accepted for the loan and also the effect on your credit history, you can examine before you use.
We are going to inform you in sixty moments if you’re entitled to a loan. We repeat this without doing a credit that is hard, so there’s no effect on your credit score.
Nevertheless, should you choose just do it along with your Satsuma loan application, we’ll perform a credit that is hard before confirming our choice. This check will be recorded on your own credit history.
How it operates
We check your info
It isn’t the full application therefore we just require several details
Protect your credit rating
No matter the outcome, it’s not going to influence your credit rating until you decide to use
Offer you your outcome
You will find call at 60 moments. We will have to look at your details if you decide to apply*
Some options that come with a Satsuma term loan that is short
- You may be entitled to borrow from ?100 to ?1,000, susceptible to affordability
- Repay over 3 – year
- Select weekly or repayments that are monthly
- No costs
Borrow from ?100 to ?1,000
All Satsuma loans are available susceptible to affordability. If a application is authorized, being a customer that is new could borrow from ?100 – ?1,000 over 3-12 months.
Needless to say, may very well not wish to borrow the most quantity, you the flexibility of applying for any sum from ?100 upwards so we offer.
Wonga loans had been only a little various for the reason that they typically must be paid back more than a reduced time period.
Versatile payment terms
It is possible to elect to distribute your repayments over three to a year. But, you might find you will spend more in interest the longer you are taking to settle that loan.
Some clients elect to repay their Satsuma loans in month-to-month instalments. But we do provide you with the possibility of having to pay regular. You could find this useful in the event that you get your wages every for example week. You should use the mortgage calculator to observe how repayments that are weekly against month-to-month terms for the total amount you intend to borrow.
Credit checks
Once you submit an application for any sort of loan all loan providers will carry a credit check out. The credit check determines whether the job will be approved.
Satsuma will even perform a credit check, not constantly right away. We enable you to determine if you’ll be authorized for the Satsuma loan before you use without inside your credit score. Nonetheless, if you choose to try to get our loan we shall finish a credit check that is full.
Trying to get a temporary loan from Satsuma – a Wonga alternative
You should do is use our loan calculator to see how much your payments will be on the amount you’d like to borrow if you want to apply for a Satsuma loan, the first thing. You can easily select your loan amount and over just exactly what period you’d like in order to make your repayments. You are able to adjust these quantities and timescales to get the loan that most readily useful suits your preferences. You can examine to see if you’ll be accepted you can also get right to our application page.
Satsuma is a component of Provident private Credit Limited. We’ve been running a business for over 130 years.
Willing to submit an application for a Satsuma loan?
Trying to get that loan from Satsuma is a three-step procedure:
- Utilize our loan calculator to observe how much your repayments will likely be in the amount you intend to borrow.
- Check always to see before you apply if you are eligible for a loan.
- Complete the online application.