Satsuma Loans Review

Do you seem to be stuck in a financial rut with no way out? Satsuma Loans may be a viable option for you. In this Satsuma Loan review, we’ll divulge everything you need to know about the platform and its services so, whether you’re one of the new customers or one who’s shown an interest in them, time and time again, we’ll put your mind at ease and show you why loans Satsuma may be the best option when it comes to getting assistance with money problems.

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Satsuma Loan is newer to the loan scene but they provide a fantastic loan agreement with either monthly repayments or weekly repayments. They can give a hassle-free credit check & offer you the best arrangement fees for your loan & repayment plan. Regardless of your credit score, Satsuma’s got you.

Though Satsuma Loans is a newcomer to the market, the company has origins that stretch back at least two centuries. It’s the commercial name of Provident Personal Credit Limited, which is one of the UK’s oldest lenders. The Financial Conduct Authority (FCA) has authorized and regulated Satsuma Loan, which has its headquarters in Bradford. They market themselves as a more humane alternative to standard payday loans. They also employ a fresh and exciting model to set themselves out from the competitors.

Satsuma Loans Overview

Satsuma loans place importance on being a friendly, dependable, and trustworthy service provider. For loan applications, they don’t charge any arrangement fees. They don’t charge fees for early repayments, missed payments, or late payments, either! When you apply for your first loan, you will be asked for a lot of information. The purpose of gathering these facts is to determine whether you will be able to repay the loan. You’ll have to submit to a credit check in addition to your personal information.

They can analyze affordability and creditworthiness using this information and make an informed selection. This implies that even if you’ve been turned down by other lenders, Satsuma may be able to help you. They are objective and consider a variety of variables before approving or rejecting a request. SmartCheck would be beneficial to utilize before beginning the application process. This is an automated system that allows you to check your eligibility, determine your odds of approval, and even determine the amount you are eligible for.

Satsuma Loans is based on a straightforward concept. They provide short-term payment loans in the range of £100 to £1,000. You have the option of borrowing this amount for 13 or 52 weeks. The maximum APR that can be charged is 1,575%. The fact that this lender does not use a monthly payback schedule sets them apart from other lenders. You can make weekly payments if you want to. And, best of all, you can make your payments on any day of the week.

With Satsuma loans, you can expect manageable repayments which or flexible repayments, no hidden fees to worry about, and a UK contact centre which you can reach should you have any questions or concerns about your satsuma short term loans or other offers you’ve decided to get.

Services Offered By Satsuma Loans

  • Satsuma Short Term Loan
  • Bad Credit Loans
  • Payday Loans
  • Quick Loans
  • Same Day Loans
  • Cash Loans
  • Personal Loans

You must choose a payment plan once you have received the funds. Choose a day of the week for your payments, and they will set up a Continuous Payment Authority for you (CPA). As with most other short term loans, the earlier you pay the funds for this satsuma short term loan back, the better. You get to reduce the amount of interest you pay and pay a smaller total amount. So, if you ever find yourself in a position, you can pay more to minimize the total owed. However, you must first contact their customer service department.

If you have trouble keeping up with payments at any stage, simply contact the customer care team. It’s worth noting that the lender doesn’t levy fees for missed or late payments. You will only be required to repay the original sum stated on the contract.

Satsuma Loans Contact Details

If you’re having any financial difficulty and need help with a loan quickly, Satsuma Loans is here for you! You can get in touch with customer support for more information about loans, your bank account issues, independent financial advice or repayment of your loan on a weekly or monthly basis. Contact Satsuma Loans for any concerns or clarifications you might have using the following methods:

Company Number: 0800 694 0004

Satsuma Loans Address: Satsuma Loans – 1 Godwin Street, Bradford, BD1 2SU

Email: [email protected]

Website: https://www.satsumaloans.co.uk

Facebook: https://www.facebook.com/satsumaloans

Twitter: https://twitter.com/SatsumaLoans

Satsuma Loans Reviews

Loan processed quickly and professionally. Seem to be a lot on one star reviews for people who were happy to take the money but then moan to the FSO when they’re required to pay it back. If you can’t afford the repayments then don’t take out the loan in the first place. – Kevin Gurney

To be honest, the dealings that I’ve had with Satsuma have been excellent very fair and understanding customer care and have helped me out a couple of times due to covid-19 The service that I received today was excellent and the customer care representative Chloe was very helpful and professional – yes you pay higher interest rates but all this is explained to you before you take the loan out so you know what you’re getting into! Thanks – Mark Fullbrook

Fastest redress payout. Thanks satsuma. – Jaime Rogerson

I lost my job just before the Corona pandemic started and these guys couldn’t be more helpful to me, they were more worried about causing me unnecessary stress during this time than just collecting regardless of my situation, the girl I spoke with was so kind and did everything she could to help as I was so worried about all of this… they placed my account on hold and havent pestered in any way as they are trusting that I will contact again as soon as my situation gets better…. not usually a fan of payday loan companies as alot of them havent shown the same compassion but satsuma really do go above and beyond to help their customers and I am very grateful. – Georgina Moore

Summary

If you’re a UK resident looking for short term lenders or a trustworthy, flexible loan provider, then we highly suggest Satsuma. In this Satsuma Loan review, we highlight how this provider is satisfactory thanks to their easy credit check, fair loan amount and more than doable loan term for the loan payments. Nowadays, it’s quite normal to have serious money problems as bills can pile up easily with monthly payment. Oftentimes, late repayment can cause a higher interest rate with other providers and that just might end up giving you more to worry about.

A thorough examination of Satsuma Loans reveals that it is a dependable lender with numerous advantages. To begin with, it provides complete transparency regarding its prices and costs. Before beginning the application process, borrowers can double-check their eligibility. Their mobile app allows you to manage your account from your phone or tablet easily so you can know in real-time if you can make your repayment or if you should consider a longer term alternative.

Because Satsuma decide loan approvals based on what you’ve agreed upon and not your creditworthiness, loaners who have been turned down elsewhere may be able to get more money here. With Satsuma, you can loan upfront, know exactly what loan terms you have to deal with along with the total cost, and you’d know the price comparison between them and other providers too!

Their easy service allows you to decide loan amounts, the borrowing period and lending stream (so you can decide to repay weekly or monthly), and basically just have a better time handling any money issues you may have.

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