Short term installment loans. What??™s the difference between short term installment loans and pay day loans?
Borrow ??100 – ??1,000, at the mercy of affordability
Representative 535%??‹ APR.
Warning: Late payment could cause you severe cash dilemmas. For assistance, head to moneyadviceservice.org.uk
Exactly what are Short Term Installment Loans?
Short term installment loans are a method to borrow a sum of cash and repay it in a short period of time. This contrasts along with other forms of borrowing, such as for instance mortgages and auto loans, that are applied for for bigger quantities of cash which you typically pay off over a long period.
You may find you have limited access to loans from some high street lenders or banks if you have a less than perfect credit history. With Satsuma, we glance at more than simply your credit score when it comes to you for a short-term loan, meaning you could nevertheless be accepted despite having not as much as favourable credit.
Why choose Satsuma?
We could help if you??™re looking for a short term loan but have limited access to credit from banks and other high street lenders. At Satsuma, you can borrow between ??100 and ??1,000 and repay over a length between 3 to 12 months if authorized.
We usually do not charge costs for missed or late repayments, you simply pay off that which you agree upfront. However, we nevertheless charge mortgage loan in the cash you borrow. It is additionally well worth noting that Satsuma are really a high-interest loan provider, so please just just take this into account before using for a loan with us.
Decide to try our loan calculator
We are able to inform you whether you??™re probably be accepted for a term that is short, without making a difficult impact on your own credit report.
Short term installment loans. What??™s the difference between short term installment loans and pay day loans?
Borrow ??100 – ??1,000, at the mercy of affordability
Representative 535%??‹ APR.
Warning: belated payment may cause you serious cash issues. For assistance, head to moneyadviceservice.org.uk
Exactly what are Short Term Installment Loans?
Short term installment loans are a method to borrow a quantity of cash and pay it back in a space that is short of. This contrasts along with other forms of borrowing, such as for instance mortgages and car and truck loans, that are removed for bigger quantities of cash which you typically pay off over a long period.
When you have a sub-standard credit rating, you could find you have restricted access to loans from some traditional loan providers or banking institutions.
