Wonga alternative. Although Wonga not any longer offer loans you may give consideration to Satsuma as one alternative loan provider

Wonga alternative. Although Wonga not any longer offer loans you may give consideration to Satsuma as one alternative loan provider

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

Wonga utilized to deliver really short term installment loans. Usually referred to as pay day loans which had been made to be paid back over a really little while of the time.

Although Wonga no further offer loans you might start thinking 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. Nevertheless, you ought to know that financing from Satsuma varies in a few methods to those formerly made available from Wonga plus some payday that is current loan providers.

Satsuma loan calculator

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

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

Satsuma Loans ended up being designed with an awareness of just what matters to you personally.

No concealed charges

Client satisfaction

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

Check always just before use

If you’re concerned about whether or perhaps not you will be accepted for the loan while the effect on your credit history, you can examine before you use.

We will let you know in sixty moments if you’re qualified to receive a loan. We do that without doing a difficult credit search, so there’s no effect on your credit score.

But, when you do proceed along 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 functions

We check your info

It is not an application that is full we just require a couple of details

Protect your cash central credit rating

Irrespective of the total outcome, it’s not going to influence your credit rating until you decide to use

Offer you your outcome

You will discover call at one minute. We are going to need certainly to check always your details if you decide to apply*

Some top features of a Satsuma term loan that is short

  • You will be qualified to borrow from ?100 to ?1,000, at the mercy of affordability
  • Repay over 3 – one year
  • Select regular or month-to-month repayments
  • No costs

Borrow from ?100 to ?1,000

All Satsuma loans are available at the mercy of 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, you might not would you like to borrow the most quantity, therefore we offer you the flexibleness of trying to get any amount from ?100 upwards.

Wonga loans had been only a little various for the reason that they typically must be paid back over a reduced time period.

Versatile payment terms

It is possible to elect to distribute your repayments over three to 12 months. Nevertheless, you may find you are going to spend more in interest the longer you are taking to settle financing.

Some clients decide to repay their Satsuma loans in monthly instalments. But you are given by us a choice of having to pay regular. You could find this useful in the event that you receive your wages every for example week. You can make use of the mortgage calculator to observe how regular repayments compare against month-to-month terms for the total amount you intend 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 will even perform a credit check, not constantly right away. We enable you to determine if you’ll be authorized for the Satsuma loan before you use without inside your credit history. Nevertheless, if you undertake to use for our loan we’ll finish a complete credit check.

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

You should do is use our loan calculator to see how much your payments will be on the amount you’d like to borrow if you want to apply for a Satsuma loan, the first thing. It is possible to select your loan quantity and over just just exactly exactly what period you’d like to help make your repayments. You are able to adjust these quantities and timescales to obtain the loan that most readily useful matches your preferences. You should check to see if you’ll be accepted you can also go directly to our application web page.

Satsuma is component of Provident private Credit Limited. We’ve been in business for more than 130 years.

Willing to submit an application for a Satsuma loan?

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

  1. Make use of our loan calculator to observe how much your repayments will undoubtedly be on the amount you wish to borrow.
  2. Check always to see before you apply if you are eligible for a loan.
  3. Finish the application that is online.