Wonga alternative. Although Wonga no more offer loans you may start thinking about Satsuma as one alternative loan provider

Wonga alternative. Although Wonga no more offer loans you may start thinking about Satsuma as one alternative loan provider

They’ve been in administration since August 2018 if you were searching for a loan from Wonga. They have been not any longer providing loans to brand brand brand brand new or customers that are existing.

Wonga utilized to give you really term that is short. Frequently referred to as pay day loans which had been made to be paid back over a tremendously period that is short of.

Although Wonga no further offer loans you might think about Satsuma as one alternative loan provider. Only at Satsuma we provide short term installment loans, at the mercy of affordability of between ?100 and ?1,000 repayable over 3 to 12 months. Nevertheless, you should know that that loan from Satsuma varies in certain techniques to those formerly provided by Wonga plus some present pay day loan loan providers.

Satsuma loan calculator

You can view just how much a Satsuma loan shall price by utilizing our loan calculator. You are enabled by the calculator look at varying costs of repaying the mortgage over differing levels of time.

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

Satsuma Loans ended up being designed with a knowledge of precisely what matters to you personally.

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 apply

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 will inform you in sixty moments if you’re entitled to a loan. We try this without doing a credit that is hard, so there’s no effect on your credit history.

Nevertheless, should you choose just do it together with your Satsuma loan application, we’ll perform a difficult credit check before confirming our choice. This check will be recorded on your own credit history.

How it functions

We look at your info

It isn’t the full application therefore we just require a couple of details

Protect your credit history

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

Provide you with your outcome

You will discover call at 60 moments. We are going to have to check always your details if you decide to apply*

Some top features of a Satsuma temporary loan

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

Borrow from ?100 to ?1,000

All Satsuma loans could be offered susceptible to affordability. If your application is authorized, as a customer that is new could borrow from ?100 – ?1,000 over 3-12 months.

Needless to say, may very well not want to borrow the most quantity, you the flexibility of applying for any sum from ?100 upwards so we offer.

Wonga loans had been just 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. But, you might find you will spend more in interest the longer you are taking to settle financing.

Some clients elect to repay their Satsuma loans in month-to-month instalments. But you are given by us a choice of having to pay regular. You will probably find this useful in how many payday loans can you have in South Carolina the event that you get your wages every for example week. You need to use the mortgage calculator to observe regular repayments compare against month-to-month terms for the quantity you want to borrow.

Credit checks

Once you submit an application for any kind of loan all loan providers will carry a credit check out. The credit check determines whether the job will be authorized.

Satsuma also execute a credit check, not constantly instantly. We allow you to determine if you’ll be authorized for a Satsuma loan before you use without inside your credit history. But, if you undertake to try to get our loan we shall finish a credit check that is full.

Trying to get a short-term loan from Satsuma – a Wonga alternative

If you would like submit an application for a Satsuma loan, the very first thing you really need to do is make use of our loan calculator to see simply how much your instalments will likely to be regarding the quantity you’d love to borrow. You can easily select your loan quantity and over just just what period you’d like to help make your repayments. It is possible to adjust these quantities and timescales to get the loan that most useful matches your requirements. You can examine to see if you’ll be accepted you can also get directly to our application web web page.

Satsuma is a 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?

Trying to get a loan from Satsuma is really a three-step procedure:

  1. Utilize our loan calculator to observe how much your repayments is likely to be regarding the amount you intend to borrow.
  2. Always check to see if you’re entitled to that loan before you use.
  3. Finish the online application.