Can I be accepted if We have bad credit?
We very carefully give consideration to every application, including those from people who have a credit history that is bad.
Our company is a responsible loan provider and our choice on whether or not to give you that loan will perhaps not you should be according to your credit history, but in addition your private circumstances so we would you like to make sure that invest the that loan with us, the repayments would be affordable for the term of this loan.
Why Satsuma differs from a loan company that is payday
Satsuma arenвЂ™t a loan company that is payday. Repayments on a Satsuma temporary loan could be spread over 3 to 12 months meaning the entire payment isnвЂ™t consumed one instalment.
Some attributes of a Satsuma term that is short are:
- You donвЂ™t have actually to cover the loan straight back within pay day loans California one swelling sum.
- YouвЂ™ll not be charged any fees that are extra youвЂ™ll pay just what exactly is agreed in advance.
- It is possible to decide to spend either monthly or weekly.
- It is possible to repay your loan in instalments over a time period of as much as per year.
- You are able to borrow as much as ВЈ1,000, susceptible to affordability, regardless of if youвЂ™re a new client.
- The bucks will most likely take your money the day that is same application is accepted
- We’ve a Customer Care group available in the event that you come across problems.
As an accountable loan provider, all our loans are at the mercy of credit and affordability checks.
Prepared to get going?
Then use our loans calculator if you have read this information and feel that a Satsuma short-term loan, an alternative to payday loans, is the right choice for you. This may permit you to see just what the repayments would seem like in the amount you want to borrow.
You may then would you like to check always before you apply.
Our application procedure may then be completed online, and you also might get a final decision within 60 moments.
Typical questions regarding payday advances
Am I able to get an online payday loan with extremely bad credit?
Eligibility for a financial loan can rely on each lenderвЂ™s specific requirements. Typically, an online payday loan provider will appear at both your credit rating as well as your current financial climate before they generate a choice on whether or not to provide for your requirements plus some loan providers might be more prepared than the others to provide to people who have really bad credit. Nonetheless, this might differ from one loan provider to a different.
Satsuma aren’t a payday lender however we give consideration to all circumstances, including bad credit. We do complete a credit check as well as simply take your individual circumstances into account as an element of our decisioning. You can examine to see ahead of time if you should be prone to be eligible for one of our short-term loans.
What goes on in the event that you donвЂ™t repay a quick payday loan?
All financial institutions may vary, therefore you should think about very carefully whenever trying to get that loan just what the stipulations are about the effects of lacking repayments..
What the results are in the event that you donвЂ™t repay a Satsuma loan?
With a Satsuma short-term loan, there are not any costs for late or missed payments, youвЂ™ll only pay off that which you agree at the start. So that you wonвЂ™t find the debt grows to a lot more than you expected.
But, should your circumstances do alter and you also do not allow your lender understand and miss repayments or spend lower than the amount that is contractual you might risk damaging your credit score. Consequently, it is constantly a good concept to allow a lender determine if your circumstances alter, so when Satsuma Loans is a responsible lender, weвЂ™ll constantly do that which we can in an attempt to assist.
Whether itвЂ™s an online payday loan or a quick payday loan alternative, speak to your loan provider if you should be struggling. It is possible to speak to Satsuma by phone, online, or by post. Details on just how to e mail us can here be found .
Can we get a payday loan online?
Some loan that is payday permit you to apply online. Nevertheless, each business has their particular acceptance demands therefore the power to be authorized can differ in one loan provider to some other.
You could get a decision within 60 seconds if you decide a short-term loan from Satsuma would suit your needs more than a payday loan, the application process can be done online, and. You simply have to have all your valuable information handy, including:
- Your current email address
- Cellular phone quantity
- Details of where you have actually resided for the past 36 months
- Information on your revenue and outgoings
- Bank-account information.
Exactly what are some options to payday advances?
Satsuma loans are one alternative in the event that you give consideration to repaying over an extended period . We lend cash over 3 to one year, meaning you can easily distribute the fee over a few pay packets with month-to-month or repayments that are weekly.
When your real question isnвЂ™t answered above, you are able to call our customer care group on 0800 694 0004.
* Approval for a Satsuma Loan is subject to completion that is successful of and identification checks. Satsuma Loans are just accessible to British residents that are at the very least 18 years old while having a valid British banking account and debit card