As you of our customers it is very good news for your needs. At Satsuma we don’t have confidence in fees or costs of every type o sort – ever. That’s our vow; we shall never ever charge an individual for repaying all or section of your loan early.

We seek to provide a hand that is helping other people don’t. Charging you you a charge is certainly not a thing that is sensible to us – it merely is not reasonable.

Focused on your credit history? Don’t be! Making an repayment that is early mirror negatively in your credit history.

Save cash by having an very early payment

Then not merely have you got the satisfaction of the charge free loan, you may even be eligible for what exactly is referred to as an ‘early settlement rebate. if you currently have a brief term loan with Satsuma’

This means if you opt to spend your loan back early with us you can really qualify for a decrease in the quantity of interest you decided to pay once you took down your loan, this is determined by exactly how much you have got compensated to date and exactly how long stays regarding the loan term. This really is normal with other providers too.

Whenever you inform us you want to be in your Satsuma Loan early, we shall offer you a settlement estimate so that you understand how much you will need to pay as a whole. This is legitimate for 28 times. The quantity you ought to spend to be in your bank account should include interest determined to pay for this 28 period in which the quote is valid day. This quantity is payable also where you settle the mortgage instantly. It is relative to the conditions for the credit rating ( very very very Early Settlement) Regulations 2004.

Trying to repay your loan early?

If you wish to repay your loan very early or have any queries on very early repayments, you will have to contact our customer service Team on 0800 694 004. It won’t take very long after all as all they should do is simply simply take a single off debit card re re payment over the telephone away from you. Re re Payments are accepted from 3rd events but make sure they’re just present with you to definitely provide their authorization and also make the re re re payment making use of their debit or bank card.

To get more techniques for getting in contact see our e mail us web page.

But exactly what can be an repayment that is early?

An repayment that is early an easy task to comprehend – this is how you were in a position to repay down a tiny bit of their loan ahead of time or settle it in full.

Once you inform us that you would like to stay your Satsuma Loan early, we are going to provide you with a settlement estimate and that means you understand how much you will need to spend as a whole. This is legitimate for 28 times. The total amount you will need to spend to be in your bank account should include interest calculated to cover this 28 period in which the quote is valid day. This quantity is payable also where you settle the mortgage straight away. That is in conformity with the conditions for the credit rating ( very very Early Settlement) Regulations 2004.

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