Am I going to be accepted if i’ve bad credit?

We very carefully start thinking about every application, including those from individuals with a credit history that is bad.

We have been a responsible loan provider and our choice on whether or not to give you financing will maybe not you should be predicated on your credit score, but in addition your own personal circumstances so we would you like to make certain that invest the a loan with us, the repayments should be affordable through the term associated with loan.

Why Satsuma is significantly diffent from a payday financial institution

Satsuma aren’t a loan company that is payday. Repayments on a Satsuma term that is short could be spread over 3 to one year meaning the entire payment is not drawn in one instalment.

Some attributes of a Satsuma term that is short are:

• You don’t have actually to pay for the mortgage straight back in a single swelling amount.
• You’ll not be charged any fees that are extra you’ll pay just what exactly is agreed in advance.
• You are able to decide to spend either regular or month-to-month.
• You can easily repay your loan in instalments during a period of as much as online payday AL a year.
• It is possible to borrow as much as ВЈ1,000, susceptible to affordability, even when you’re a customer that is new.
• The bucks will most likely take your money the day that is same application is accepted
• A Customer is had by us Care group available in the event that you encounter problems.

As an accountable loan provider, all our loans are susceptible to credit and affordability checks.

Willing to get going?

When you have check this out information and believe that a Satsuma short-term loan, an alternative solution to payday advances, could be the right choice for your needs, then make use of our loans calculator. This can enable you to see what the repayments would appear to be from the quantity you want to borrow.

You might then like to always check before using.

Our application procedure may then be completed online, and you also might get a decision that is final 60 moments.

Typical questions regarding pay day loans

May I get a quick payday loan with extremely credit that is bad?

Eligibility for financing can rely on each lender’s criteria that are individual. Typically, a quick payday loan provider can look at both your credit score along with your current economical situation you and some loan companies may be more willing than others to lend to people with very bad credit before they make a decision on whether to lend to. But, this may range from one loan provider to some other.

Satsuma aren’t a payday loan provider however we give consideration to all circumstances, including bad credit. We do finish a credit check as well as just take your circumstances that are personal account as an element of our decisioning. You can examine to see beforehand if you should be very likely to be eligible for certainly one of our short-term loans.

What the results are in the event that you don’t repay an online payday loan?

All financial institutions may vary, which means you should give consideration to very carefully whenever trying to get that loan exactly what the stipulations are about the results of lacking repayments..

What are the results in the event that you don’t repay a Satsuma loan?

With a Satsuma short-term loan, there aren’t any fees for late or missed payments, you’ll only pay off that which you agree in advance. So that you won’t find your financial troubles grows to a lot more than you expected.

Nevertheless, 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 may possibly risk damaging your credit score. Consequently, it is constantly a idea that is good let a lender determine if your circumstances alter, so that as Satsuma Loans is a responsible lender, we’ll constantly do that which we can in an attempt to assist.

If you are struggling whether it’s a payday loan or a payday loan alternative, talk to your lender. You are able to keep in touch with Satsuma by phone, online, or by post. Information 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. But, each business has their very own acceptance demands therefore the capability to be authorized may differ from 1 loan provider to some other.

In the event that you decide a short-term loan from Satsuma would work for you a lot more than a payday loan, the application form procedure could be done online, and also you could easily get a determination within 60 moments. You merely have to have all of your information handy, including:

• Your current email address
• Cellular phone number
• Details of for which you have actually lived during the last 36 months
• Information on your revenue and outgoings
• Banking account information.

What exactly are some alternatives to pay day loans?

Satsuma loans are one alternative in the event that you give consideration to repaying over an extended period . We provide cash over 3 to year, meaning you can easily distribute the price over several pay packets with month-to-month or repayments that are weekly.

When your real question isn’t answered above, it is possible to phone our customer care group on 0800 694 0004.

* Approval for a Satsuma Loan is susceptible to completion that is successful of and identification checks. Satsuma Loans are just offered to UK residents that are at minimum 18 yrs . old and also have a valid British banking account and debit card