Warning: Late repayment of payday loans can cause you serious money problems. For help, go to moneyhelper.org.uk
Rates from 12.9% APR to 1721% APR. The minimum Loan Term is 3 months. The maximum Loan Term is 36 months.
Representative Example: £1,000 borrowed for 18 months. Repayment of 17 Months at £87.22 and final repayment of £87.70 The total amount repayable is £1570.44. Interest amounts to £570.44, an annual interest rate of 59.97% Representative APR: 79.5% (variable)
Please note: We are a broker, not a lender, and do not make credit decisions.
Subject to application being approved by the lender. Not all lenders are able to provide up to £5000
This is a guide to Satsuma Loans, a payday loan company based in the UK.
Satsuma Loans is a trading name of “Provident Personal Credit Limited” and their Companies House number is 00146091. They were incorporated on 20th February 1917.
They are regulated with the FCA – Their Financial Conduct Authority Number is 700144
Below are the most asked questions regarding the short term loan lender
Usually, Satsuma will transfer the cash within an hour of your successful application. This is only between 6am and 11pm though. If you have applied out of these hours, then your money will be sent when they re-open.
Yes, like all quick loans, you can always re-pay early, however, some will add an early repayment charge.
Here at 1st Class Loans, we always recommend you paying your loan off as soon as you can as this will save you money as you will be paying less interest.
Yes, you can still get a loan during the Covid-19 pandemic. They do state on their website that if you are struggling financially to get in touch with them and they won’t charge you for any late repayments as long as you let them know.
What loans do they offer?
Satsuma offer loans from £100 to £1,000, however, if you are a returning customer, you can apply for £2,000 loan.
Their APR is – 535%
Below are reviews of Satsuma Loans from some of the leading review platforms:
Please note: This review data were taken on November 2020, they might have changed after this date.
If you are looking to get hold of Satsuma or need their contact details please read below:
What’s the difference between Satsuma Loans and 1st Class Loans?
Here at 1st Class Loans, we can offer loans like Satsuma but we are slightly different. We are a broker, we send leads to multiple direct lenders. Whereas Satsuma is a direct lender.
If you are not sure which company to go with, we recommend if you have good credit to go with a trusted direct lender.
However, if you have bad credit, a broker might be better as they work with more than one lender, this may increase your chances of being accepted.
For more information about our loans at 1st Class Loans please read some of our related pages:
Easy Loans – Read our easy loan guide
Alternative loans – We have a list of some of the leading lenders in the UK industry.
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1st Class Loans
Monday - Sunday: 00:00 - 23:59 Office 131, Silk House, Park Green, Macclesfield Sk11 7QJ
UK Phone: No
[email protected] £100 to £5,000 Here at 1st Class Loans, we strive in providing a seamless, online service to all of our customers, in their search for an online payday loan. Our business model is designed to provide such a first-class service, that our customers would be happy to recommend to others. We aim to be your number one choice for your financial needs in the market.WHAT SERVICE DO I GET WITH 1ST CLASS LOANS? Our introductory service provides you with a simple and fast online lending application process, providing you with an instant online decision for your payday loan.The security of your personal data is important to you, which makes it a priority to us. That's why 1st Class Loans does not retain any of your personal information. We will only ever ask you for personal details which relate to your loan application and nothing additional for research or marketing purposes unless you want us to. If you're not satisfied � we're not. Please tell us if you feel there is anything that we can do to improve your experience by visiting our Contact Us