They’ve been in administration since August 2018 if you were searching for a loan from Wonga. These are generally not any longer providing loans to brand brand new or customers that are existing.
Wonga utilized to offer really term that is short. Usually referred to as pay day loans which had been made to be paid back over a tremendously short time of the time.
Although Wonga no more provide loans you might give consideration to 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 one year. But, you ought to know that financing from Satsuma differs in a few techniques to those formerly provided by Wonga plus some present cash advance loan providers.
You can observe how much a Satsuma loan shall price through the use of our loan calculator. The calculator allows you begin to see the varying costs of repaying the mortgage over differing levels of time.
Satsuma Loans ended up being constructed with an awareness of precisely what matters to you personally.
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If you’re concerned about whether or otherwise not you will be accepted for a financial loan therefore the effect on your credit history, you can examine before you use.
We are going to let you know in sixty moments if you’re qualified to receive a loan. We repeat this without doing a difficult credit search, so there’s no effect on your credit history.
But, should you just do it together with your Satsuma loan application, we’ll do a credit that is hard before confirming our choice. This check will be recorded in your credit file.
It is not the full application therefore we just require a couple of details
Regardless of the total outcome, it’s not going to influence your credit history until you elect to use
You will discover down in 60 moments. We are going to should look at your details if you opt to apply*
All Satsuma loans could be offered susceptible to affordability. If your application is authorized, being a brand new client you 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 must be repaid more than a smaller period of time.
You are able to decide to distribute your repayments over three to 12 months. But, you might 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 month-to-month instalments. But we do provide you with a choice of having to pay regular. You will probably find this useful if you get your wages every for example week. You can make use of the mortgage calculator to observe regular repayments compare against month-to-month terms for the total amount you want to borrow.
Whenever you submit an application for just about any loan all loan providers will carry away a credit check. The credit check determines whether the application will be authorized.
Satsuma may also do a credit check, not constantly immediately. We enable 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 try to get our loan we’re going to finish a complete credit check.
Should you want to make an application for a Satsuma loan, the very first thing you really need to do is make use of our loan calculator to see simply how much your instalments should be from the quantity you’d like to borrow. You are able to select your loan quantity and over exactly exactly just exactly what period you’d like to help make your repayments. It is possible to adjust these quantities and timescales to get the loan that most readily useful matches your preferences. You should check to see if you’ll be accepted or perhaps you can get directly to our application web page.
Satsuma is component of Provident private Credit Limited. We’ve been running a business for more than 130 years.
Trying to get financing from Satsuma is really a process that is three-step