Wonga alternative. Although Wonga not any longer offer loans you may start thinking about Satsuma as one alternative loan provider

Wonga alternative. Although Wonga not any longer offer loans you may start thinking about Satsuma as one alternative loan provider

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

Wonga utilized to give you really short term installment loans. Usually referred to as payday advances which had been built 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 we provide short term installment loans, susceptible to affordability of between ?100 and ?1,000 repayable over 3 to year. But, you ought to know that that loan from Satsuma varies in certain approaches to those formerly provided by Wonga plus some payday that is current loan providers.

Satsuma loan calculator

You can view just how much a Satsuma loan shall price simply by using our loan calculator. The calculator allows you understand varying costs of repaying the mortgage over differing levels of time.

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

Satsuma Loans had been designed with an awareness of precisely what matters to you personally.

No concealed charges

Client satisfaction

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

Check always just before use

If you’re concerned about whether or otherwise not you will end up accepted for a financial loan therefore the effect on your credit history, you can examine before you use.

We will inform you in sixty moments if you’re qualified to receive a loan. We try this without doing a difficult credit search, so there’s no effect on your credit history.

But, when you do proceed along with your Satsuma loan application, we’ll perform a difficult credit check before confirming our choice. This check will be recorded in your credit file.

How it operates

We check your info

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

Protect your credit rating

Regardless of the outcome, it will not influence your credit rating until you elect to use

Offer you your result

You will discover call at one minute. We will want to always check your details if you opt to apply*

Some options that come with a Satsuma temporary loan

Borrow from ?100 to ?1,000

All Satsuma loans could be offered susceptible to affordability. If your application is authorized, being a customer that is new could borrow from ?100 – ?1,000 over 3-12 months.

Needless to say, may very well not wish to borrow the most 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 would have to be paid back over a smaller time period.

Versatile payment terms

It is possible to decide to distribute your repayments over three to 12 months. Nonetheless, you might 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 we do provide you with the possibility of spending regular. You might find this useful in the event that you get your wages every week as an example. You need to use the mortgage calculator to observe how repayments that are weekly against monthly terms for the total amount you want to borrow.

Credit checks

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

Satsuma will even do a credit check, although not constantly right away. We allow you to determine if you’ll be authorized for a Satsuma loan before you use without inside your credit history. But, if you choose to use for our loan we shall finish a complete credit check.

Trying to get a term that is short 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. You are able to select your loan quantity and over just just what period you’d like to produce 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 you can also get directly to our application web web web page.

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

Willing to make an application for a Satsuma loan?

Trying to get that loan from Satsuma is just a process that is three-step

  1. Utilize our loan calculator to observe how much your repayments are going to be in the amount you need to borrow.
  2. Always check to see if you should be qualified to receive that loan before you use.
  3. Finish the application that is online.