Wonga alternative. Although Wonga not any longer offer loans you may think 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’ve been no further providing loans to brand new or customers that are existing.
Wonga utilized to offer extremely short term installment loans. 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 you can expect short term installment loans, susceptible to affordability of between ?100 and ?1,000 repayable over 3 to one year. But, you should know that financing from Satsuma varies in a few techniques to those formerly made available from Wonga plus some payday that is current loan providers.
Satsuma loan calculator
You can observe how much a Satsuma loan shall price simply by using our loan calculator. You are enabled by the calculator begin to see the varying costs of repaying the mortgage over differing levels of time.
Why wouldn’t you select us for a term loan that is short?
Satsuma Loans ended up being constructed with a knowledge of what matters to you personally.
No fees that are hidden
Customer care
Our clients speed us 4.68 away from 5. Reviews.co.uk July 2019
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 will let you know in sixty moments if you’re entitled to a loan. We do that without doing a credit that is hard, so there’s no effect on your credit history.
But, should you choose just do it along with your Satsuma loan application, we’ll execute a difficult credit check before confirming our choice. This check will be recorded on the credit file.
How it operates
We look at 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’s not going to impact your credit rating unless you decide to use
Offer you your outcome
You will discover down in one minute. We will should look at your details if you decide to apply*
Some options that come with a Satsuma short-term loan
- You will be qualified 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 can be obtained susceptible to affordability. If a application is authorized, as being a customer that is new could borrow from ?100 – ?1,000 over 3-12 months.
Needless to say, may very well not desire 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 must be paid back more than 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.
Some clients elect to repay their Satsuma loans in month-to-month instalments. But you are given cash central by us a choice of spending regular. You might 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 repayments that are weekly against month-to-month terms for the total amount you intend to borrow.
Credit checks
Whenever you make an application for any sort of loan all loan providers will carry down a credit check. The credit check determines whether the job shall be authorized.
Satsuma also perform a credit check, although not constantly immediately. We allow you to determine if you’ll be authorized for the Satsuma loan before you use without inside your credit score. Nevertheless, if you choose to try to get our loan we’re going to finish a complete credit check.
Trying to get a temporary loan from Satsuma – a Wonga alternative
Should you want to make an application for a Satsuma loan, the very first thing you really need to do is utilize our loan calculator to see exactly how much your instalments is going to be regarding the quantity you’d like to borrow. It is possible to select your loan quantity and over just just just what period you’d like to create your repayments. You are able to adjust these quantities and timescales to get the loan that most readily useful matches your requirements. You should check to see if you’ll be accepted or 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 over 130 years.
Prepared to submit an application for a Satsuma loan?
Trying to get a loan from Satsuma is really a process that is three-step
- Utilize our loan calculator to observe how much your repayments is likely to be on the amount you need to borrow.
- Always check to see before you apply if you are eligible for a loan.
- Finish the online application.
