With Satsuma, you can easily submit an application for short-term borrowing that will fit many people who will be trying to find a negative credit loan.

Even you may be able to qualify for a loan with Satsuma – subject to affordability if you have had difficulties managing credit or bills in the past.

We’re going to run a credit check, however a credit that is poor does not suggest we won’t provide for you. We simply simply take every applicant’s circumstances that are personal account once we make our choice.

Then you can see if you would qualify for a short-term Satsuma loan by checking before you apply if you do want to borrow money with bad credit.

Some lenders can insist on only offering a loan if someone you know acts as a guarantor because people who want loans for bad credit are often riskier than more mainstream customers.

Meaning the guarantor will be in charge of the repayments in the event that debtor does not make sure they are. Some borrowers don’t have guarantor that is potential don’t want to inquire of a relative or buddy.

Therefore, then a short-term loan from Satsuma may be one alternative if you are looking for loans for bad credit with no guarantor. Satsuma loans never request a guarantor, and we’ll give consideration to every application on its very own merits.

Are Satsuma a lender that is direct?

Yes, Satsuma Loans are a definite lender that is direct.

In the event that you arrive at us when you’re trying to find a negative credit loan, you’re going to be applying directly to the financial institution and not a broker (although on some occasions we too make use of agents).

Typical questions regarding bad credit loans. Just how can I have a loan with bad credit?

Whenever you use the internet for where to find that loan with bad credit, you will find a large number of advertisements for loan providers and agents.

But it is a good idea to find out what rate they will offer you first before you apply for a product.

Some loan providers offering loans for those who have bad credit will offer a soft-search also choice first, where you are able to always check you would certainly be accepted and exactly exactly what price you’d spend.

In that way, you may be certain you shall be eligible for financing with bad credit before you use and then leave a mark on your own credit history.

Can we get an instalment loan with woeful credit?

Some individuals who require to borrow cash with dismal credit may believe that an online payday loan may be the option that is only. An online payday loan is nevertheless a financial obligation that always has got to be paid back in complete regarding the after payday.

In certain circumstances that will leave the debtor brief for the after thirty days. Some individuals choose an instalment loan, where in actuality the financial obligation is repaid over many months.

This could be feasible to have an instalment loan with dismal credit from a loan provider like Satsuma Loans, so don’t assume a quick payday loan is the option that is only are also options.

Which will, of course, be determined by your needs and affordability but don’t assume that a credit that is poor means you won’t qualify for the instalment loan.

How do a loan is got by me with bad credit with no guarantor?

Some loan providers whom accept borrowers with bad credit may also ask they additionally have guarantor. That’s because bad credit means you may become more of a danger, therefore loan providers desire to be certain that some other person will intensify to cover your debt in the event that you don’t.

But, don’t assume all lender demands a guarantor, also for borrowers with bad or bad credit. At Satsuma Loans, we never require a guarantor, and we’ll give consideration to every application on its merits that are own.

Therefore, when you have bad credit and don’t want guarantor loan, then we possibly may nevertheless be in a position to assist you to.

In the event your real question isn’t answered above, it is possible to phone our customer support team on 0800 694 0004.

* Approval for the Satsuma Loan is at the mercy of completion that is successful of and identification checks. Satsuma Loans are merely offered to British residents who’re at the least 18 years old and possess a legitimate british banking account and debit card.