What exactly are Short Term Installment Loans?
This contrasts along with other kinds of borrowing, such as for example mortgages and car and truck loans, which are removed for bigger levels of cash which you typically repay over a long period.
You may find you have limited access to loans from some high street lenders or banks if you have a less than perfect credit history. With Satsuma, we glance at more than simply your credit rating when it comes to you for the temporary loan, meaning you could nevertheless be accepted despite having not as much as favourable credit.
Why choose Satsuma?
We could help if you’re looking for a short term loan but have limited access to credit from banks and other high street lenders. At Satsuma, you can 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 pay off everything you agree upfront. Nevertheless, we nevertheless charge mortgage regarding the cash you borrow. It is also well well well worth noting that Satsuma are really a high-interest loan provider, so please simply take this into account before you apply for a loan with us.