a loan for bad credit may be an alternative from some loan providers, nevertheless Satsuma never provide money loans вЂ“ our loans procedure is totally online.
If you’re considering trying to get our temporary loan, then we do glance at more than simply your credit history whenever evaluating the job, which means that we think about candidates and also require a detrimental credit score. Nonetheless, our loans are deposited into a banking account, maybe perhaps not given out in money.
When you yourself have an undesirable credit rating, or no credit score, you might find youвЂ™re turned away by some loan providers. At Satsuma, we also think about your yearly earnings and outgoings, alongside virtually any monetary commitments you’ve probably. Nonetheless, our loan rates of interest are greater than those charged by loan providers such as for example high-street banking institutions.
Whenever you use, we want one to be because accurate that you can because of the details you provide us with, therefore we can utilize all this information to provide you with an offer which can be affordable.
Is this a payday cash loan?
Pay day loans are usually very short term loans that are often given out for a passing fancy time you use, but must then typically be repaid within 2-3 weeks.
We are not a payday cash loan provider although we offer an instant decision on all loan applications and provide an eligibility decision within 60 seconds .
At Satsuma, we offer you between 3 and one year to settle your loan.
Simply how much may I borrow?
Influenced by the quantity you’ll need, Satsuma term that is short enable you to borrow between ВЈ100 – ВЈ1,000, at the mercy of affordability. You are able to spread the fee over 3 to year, as opposed to the need to repay the amount that is whole one lump sum payment. More