Am I going to be accepted if We have bad credit?
We very carefully give consideration to every application, including those from individuals with a bad credit rating.
We have been a responsible loan provider and our choice on whether or not to give you financing will maybe not you should be according to your credit history, but additionally your individual circumstances and now we like to make sure that invest the that loan with us, the repayments would be affordable for the term associated with loan.
Why Satsuma is significantly diffent from a payday loan company
Satsuma arenвЂ™t a payday financial institution. Repayments on a Satsuma term that is short could be spread over 3 to 12 months meaning the entire payment is not consumed one instalment.
Some options that come with a Satsuma temporary loan are:
- You donвЂ™t have actually to pay for the mortgage straight back in one single lump sum payment.
- YouвЂ™ll never ever be charged any additional charges, youвЂ™ll pay only what exactly is agreed at the start.
- You are able to decide to spend either regular or month-to-month.
- It is possible to repay your loan in instalments during a period of up to a year.
- You can easily borrow as much as ВЈ1,000, susceptible to affordability, just because youвЂ™re a new client.
- The money will often maintain your money the day that is same application is accepted
- A Customer is had by us Care group available in the event that you come across difficulties.
As an accountable loan provider, all our loans are at the mercy of credit and affordability checks.
Prepared to get going?
For those who have look at this information and believe that a Satsuma short-term loan, an alternative solution to pay day loans, may be the right choice for you personally, then make use of our loans calculator. This may enable you to see just what the repayments would seem like regarding the quantity you intend to borrow.
You may then desire to check always before using.
Our application procedure may then be completed online, while might get a final choice within 60 moments.
Typical questions regarding payday advances
Could I get an online payday loan with really bad credit?
Eligibility for a financial loan can be determined by each lenderвЂ™s specific requirements. Typically, a quick payday loan provider will appear at both your credit score as well as your current payday loans North Carolina 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. Nonetheless, this could easily change from one lender to some other.
Satsuma aren't a payday loan provider however we give consideration to all circumstances, including credit that is bad. We do finish a credit check as well as bring your individual circumstances into account as an element of our decisioning. You should check to see ahead of time if you're more likely to be eligible for certainly one of our loans that are short-term.
What are the results if you donвЂ™t repay a quick payday loan?
All financial institutions may vary, therefore you should start thinking about very carefully whenever applying for that loan exactly what the conditions and terms are about the results of missing repayments..
What are the results in the event that you donвЂ™t repay a Satsuma loan?
With a Satsuma loan that is short-term there are not any charges for late or missed payments, youвЂ™ll only pay off that which you agree at the start. And that means you wonвЂ™t find your financial troubles grows to significantly more than you expected.
Nevertheless, in case your circumstances do alter and you also don't let your lender understand and miss repayments or spend not as much as the amount that is contractual you may possibly risk damaging your credit score. Consequently, it is always a good concept to let a lender recognize if your circumstances alter, so that as Satsuma Loans is a responsible lender, weвЂ™ll constantly do everything we can to try to assist.
If you are struggling whether itвЂ™s a payday loan or a payday loan alternative, talk to your lender. It is possible to keep in touch with Satsuma by phone, online, or by post. Information on simple tips to call us can be located right here .
Can I get a payday loan online?
Some loan that is payday enable you to apply online. But, each business has their very own acceptance needs therefore the capability to be authorized can differ from a single loan provider to some other.
In the event that you decide a short-term loan from Satsuma would work for you significantly more than an online payday loan, the application form procedure are done online, while might get a decision within one minute. You simply have to have all of your information handy, including:
- Your current email address
- Cellular phone quantity
- Details of where you have actually resided for the past 3 years
- Information on your income and outgoings
- Banking account information.
What exactly are some options to payday advances?
Satsuma loans are one alternative in the event that you give consideration to repaying over a lengthier period . We provide cash over 3 to one year, meaning you are able to spread the price over a few pay packets with month-to-month or repayments that are weekly.
If the real question isnвЂ™t answered above, you can easily phone our customer support team on 0800 694 0004.
* Approval for a Satsuma Loan is susceptible to effective conclusion of affordability and identification checks. Satsuma Loans are merely accessible to British residents who will be at the very least 18 yrs . old and possess a UK that is valid bank and debit card