Frequently referred to as payday advances which had been made to be repaid over a really little while of the time

If perhaps you were looking for that loan from Wonga, they’ve experienced management since August 2018. They truly are no further providing loans to brand new or existing clients.

Wonga used to give you extremely short term installment loans.

Although Wonga not offer loans you may think about Satsuma as one alternative loan provider. Only at Satsuma you can expect short term installment loans, susceptible to affordability of between ?100 and ?1,000 repayable over 3 to year. Nevertheless, you should know that financing from Satsuma varies in a few techniques to those formerly made available from Wonga plus some present pay day loan lenders.

Satsuma loan calculator

You can view how much a Satsuma loan will price simply by using our loan calculator. You are enabled by the calculator start to see the varying costs of repaying the mortgage over differing quantities of time.

Why wouldn’t you select us for a short-term loan?

Satsuma Loans had been built with a knowledge of what matters to you.

No fees that are hidden

Client satisfaction

Our clients speed us 4.68 away from 5. Reviews.co.uk 2019 july

Check always just before use

Before you apply if you’re concerned about whether or not you’ll be accepted for a loan and the impact on your credit rating, you can check.

We are going to inform you in sixty moments if you’re qualified to receive a loan. We do that without doing a difficult credit search, so there’s no effect on your credit history.

But, should you choose just do it find here together with your Satsuma loan application, we’ll perform a difficult credit check before confirming our decision. This check shall be recorded in your credit file.

How it functions

We check your info

It is not an application that is full we just require a couple of details

Protect your credit rating

Irrespective of the total outcome, it will not influence your credit score until you elect to use

Offer you your outcome

You will find away in one minute. We are going to want to check always your details if you decide to apply*

Some top features of a Satsuma short-term loan

• You may be qualified to borrow from ?100 to ?1,000, susceptible to affordability
• Repay over 3 – year
• Select regular or month-to-month repayments
• No costs

Borrow from ?100 to ?1,000

All Satsuma loans can be found at the mercy of affordability. If your application is authorized, as being a brand new client you could borrow from ?100 – ?1,000 over 3-12 months.

Needless to say, you might not wish to borrow the most quantity, so we offer you the flexibleness of trying to get any amount from ?100 upwards.

Wonga loans were a little various for the reason that they typically must be paid back over a smaller time period.

Versatile payment terms

You are able to decide to distribute your repayments over three to 12 months. Nonetheless, you may find you are going to spend more in interest the longer you are taking to settle that loan.

Many clients elect to repay their Satsuma loans in monthly instalments. But we do supply the choice of spending regular. You might find this useful in the event that you get your wages every week for instance. You should use the loan calculator to observe repayments that are weekly against month-to-month terms for the quantity you want to borrow.

Credit checks

Once you submit an application for just about any loan all lenders will carry away a credit check. The credit check determines whether the application shall be authorized.

Satsuma may also execute 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 history. Nonetheless, if you choose to try to get our loan we are going to complete a credit check that is full.

Obtaining a term that is short from Satsuma – a Wonga alternative

If you would like make an application for a Satsuma loan, the very first thing you really need to do is make use of our loan calculator to see just how much your instalments will soon be on the quantity you’d love to borrow. You’ll select your loan amount and over just what period you’d like to create your repayments. It is possible to adjust these quantities and timescales to obtain the loan that most useful matches your preferences. You should check to see if you’ll be accepted you can also get right to our application web page.