Exactly what are Short Term Loans?
This contrasts along with other kinds of borrowing, such as for example mortgages and car and truck loans, that are taken out for bigger quantities of cash which you typically pay off over many years.
You may find you have limited access to loans from some high street lenders or banks if you have a less than perfect credit history. With Satsuma, we glance at more than simply your credit score when it comes to you for the short-term loan, meaning you could be accepted despite having significantly less than favourable credit.
Why choose Satsuma?
We could help if you’re looking for a short term loan but have limited access to credit from banks and other high street lenders. At Satsuma, you can borrow between ?100 and ?1,000 and repay over a length between 3 to 12 months if authorized.
We usually do not charge charges for missed or late repayments, you simply pay off everything you agree upfront. Nevertheless, we nevertheless charge mortgage loan regarding the cash you borrow. It is additionally well well worth noting that Satsuma are really a lender that is high-interest so please just take this under consideration before you apply for a financial loan with us.
Our application procedure is completed online, and – subject to affordability checks – we could also present a choice and also have the funds in your account for a passing fancy time.
No concealed fees
Our clients speed us 4.68 out of 5. Reviews.co.uk, July 2019
Decide to try our loan calculator
Verify that you may be qualified
We are able to tell you whether you’re apt to be accepted for a temporary loan, without making a tough impact on your own credit report.
With Satsuma you will find down if you’re qualified before using.