Reading Time: 3 minutesShort term installment loans are ways to borrow a quantity of cash and repay in a space that is short of.
Borrow ?100 - ?1,000, susceptible to affordability
Representative 535%? APR.
Warning: belated payment could cause you severe money issues. For assistance, head to moneyadviceservice.org.uk
What exactly are Short Term Installment Loans?
This contrasts along with other forms of borrowing, such as mortgages and car and truck loans, that are removed for bigger levels of cash which you typically pay off over a long period.
For those who have a very poor credit score, you could find you have got restricted access to loans from some traditional loan providers or banking institutions. With Satsuma, we glance at more than simply your credit score when contemplating you for the temporary loan, meaning you could still be accepted despite having significantly less than favourable credit.
Why choose Satsuma?
If you’re trying to find a quick term loan but have restricted access to credit from banking institutions as well as other high-street loan providers, we're able to assist. At Satsuma, you might borrow between ?100 and ?1,000 and repay over a length between 3 to 12 months if authorized.
We usually do not charge charges for missed or late repayments, you simply repay that which you agree upfront. But, we nevertheless charge mortgage in the cash you borrow. It is additionally well well worth noting that Satsuma certainly are a high-interest loan provider, so please simply take this into account before you apply for a loan with us.
Our application procedure may be completed online, and – subject to affordability checks you a decision and have the funds in your account on the same day– we can even give.
No concealed charges
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We could tell you whether you’re probably be accepted for a short-term loan, without making a difficult impact in your credit history. Read more