Frequently referred to as payday advances which had been made to be paid back over a rather little while of the time

They’ve been in administration since August 2018 if you were searching for a loan from Wonga. They have been no further providing loans to brand new or customers that are existing.

Wonga utilized to provide extremely term that is short.

Although Wonga no further provide loans you might think about Satsuma as one alternative loan provider. Here at Satsuma we provide short term installment loans, at the mercy of affordability of between ВЈ100 and ВЈ1,000 repayable over 3 to one year. But, you ought to know that financing from Satsuma varies in certain how to those formerly made available from Wonga plus some present cash advance loan providers.

Satsuma loan calculator

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

Why should you choose us for a term loan that is short?

Satsuma Loans had been designed with an awareness of what matters for you.

No concealed charges

Customer care

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

Check always before you 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 difficult credit search, so there’s no impact on your credit score.

Nevertheless, should you just do it together with your Satsuma loan application, we’ll execute a credit that is hard before confirming our choice. This check shall be recorded in your credit history.

How it operates

We look at your info

It isn’t an application that is full we only require several details

Protect your credit rating

Irrespective of the outcome, it’s not going to impact your credit history until you elect to use

Provide you with your result

You will discover away in one minute. We will have to look at your details if you opt to apply*

Some options that come with a Satsuma temporary loan

  • You may be qualified to borrow from ВЈ100 to ВЈ1,000, at the mercy of affordability
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  • Repay over 3 – one year
  • Select regular or month-to-month repayments
  • No fees

Borrow from ВЈ100 to ВЈ1,000

All Satsuma loans can be found at the mercy of affordability. If your application is authorized, being a customer that is new could borrow from ВЈ100 – ВЈ1,000 over 3-12 months.

Needless to say, you might not would you like to borrow the most amount, you the flexibility of applying for any sum from ВЈ100 upwards so we offer.

Wonga loans had been just a little different for the reason that they typically would have to be paid back more than a faster time period.

Versatile payment terms

You can easily decide to distribute your repayments over three to a year. But, you may find you will spend more in interest the longer you are taking to settle financing.

Many clients elect to repay their Satsuma loans in month-to-month instalments. But we do offer you a choice of spending weekly. You might find this useful in the event that you get your wages every week as an example. You should use the mortgage calculator to observe weekly repayments compare against month-to-month terms for the quantity you want to borrow.

Credit checks

Once you make an application for virtually any loan all loan providers will carry away a credit check. The credit check determines whether the job will be authorized.

Satsuma may also perform a credit check, although not constantly right away. We allow you to determine if you’ll be authorized for the Satsuma loan before you use without inside your credit rating. Nevertheless, if you choose to try to get our loan we shall finish a complete credit check.

Trying to get a term that is short from Satsuma – a Wonga alternative

If you would like submit an application for a Satsuma loan, first thing you really need to do is make use of our loan calculator to see simply how much your instalments are going to be in the quantity you’d love to borrow. You are able to select your loan quantity and over what period you’d like to produce your repayments. It is possible to adjust these quantities and timescales to obtain the loan that most readily useful matches your requirements. You can examine to see if you’ll be accepted or you can get right to our application web page.