If perhaps you were trying to find that loan from Wonga, they’ve experienced management since August 2018. They have been no further providing loans to brand brand new or customers that are existing.
Wonga used to give really short term installment loans. Usually referred to as payday advances which had been built to be paid back over a tremendously short time of the time.
Although Wonga no more offer loans you may give consideration to Satsuma as one alternative loan provider. Only at Satsuma we provide short term installment loans, susceptible to affordability of between ?100 and ?1,000 repayable over 3 to one year. Nonetheless, you ought to know that financing from Satsuma varies in a few how to those formerly provided by Wonga plus some payday that is current lenders.
Satsuma loan calculator
You can view how much a Satsuma loan shall price by making use of our loan calculator. You are enabled by the calculator look at varying costs of repaying the mortgage over differing quantities of time.
Why wouldn’t you select us for the short-term loan?
Satsuma Loans had been designed with an awareness of what matters to you personally.
No concealed charges
Our clients speed us 4.68 away from 5. Reviews.co.uk July 2019
Check always just before use
If you’re concerned about whether or perhaps not you will be accepted for the loan therefore the effect on your credit history, you can examine before you use.
We are going to inform you in sixty moments if you’re qualified to receive a loan. We repeat this without doing a credit that is hard, so there’s no effect on your credit history.
Nevertheless, when you do just do it together with your Satsuma loan application, we’ll perform a credit that is hard before confirming our choice. This check shall be recorded in your credit file.
How it operates
We look at your info
It isn’t a full application therefore we just require a couple of details
Protect your credit rating
Irrespective of the total outcome, it’s not going to influence your credit rating until you elect to use
Provide you with your outcome
You will find down in one minute. We are going to have to look at your details if you decide to apply*
Some options that come with a Satsuma term loan that is short
- You may be entitled to borrow from ?100 to ?1,000, at the mercy of affordability
- Repay over 3 – one year
- Select regular or monthly repayments
- No charges
Borrow from ?100 to ?1,000
All Satsuma loans could be offered susceptible to affordability. If your application is authorized, being a customer that is new could borrow from ?100 – ?1,000 over 3-12 months.
Needless to say, you might not would you like to borrow the utmost quantity, you the flexibility of applying for any sum from ?100 upwards so we offer.
Wonga loans had been only a little various for the reason that they typically would have to be paid back more than a smaller period of time.
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 financing.
Some clients elect to repay their Satsuma loans in monthly instalments. But you are given by us a choice of having to pay regular. You could find this useful in the event that you get your wages every for example week. You need to use the mortgage calculator to observe how regular repayments compare against month-to-month terms for the quantity you intend to borrow.
Whenever you submit an application for almost any loan all loan providers will carry down a credit check. The credit check determines whether the application will be authorized.
Satsuma may also execute a credit check, although not constantly right away. We allow you to determine if you’ll be authorized for a Satsuma loan before you use without inside your credit score. Nevertheless, if you undertake to use for our loan we are going to finish a complete credit check.
Trying to get a short-term loan from Satsuma – a Wonga alternative
Should you want to make an application for a Satsuma loan, the very first thing you ought to do is make use of our loan calculator to see just how much your instalments will soon be regarding the quantity you’d love to borrow. You are able to select your loan quantity and over exactly exactly just what period you’d like in order to make your repayments. It is possible to adjust these quantities and timescales to obtain the loan that most useful matches your requirements. You should check to see if you’ll be accepted or perhaps you can get right to our application web web web page.
Satsuma is component of Provident private Credit Limited. We’ve been running a business for more than 130 years.
Willing to make an application for a Satsuma loan?
Obtaining that loan from Satsuma is a three-step procedure:
- Make use of our loan calculator to observe how much your repayments may be regarding the amount you need to borrow.
- Check always to see if you’re qualified to receive that loan before you use.
- Complete the application that is online.