Rating based on 53 reviews

Satsuma Loans

Updated
  • Personal loans up to £1,000
  • Low-interest starting from 133%
  • Repayment up to 12 months

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Satsuma Loans homepage
Author Satsuma Loans. Screenshot of Satsuma Loans website.
[Accessed May 16, 2023]

About Satsuma Loans

Satsuma has been helping people all over the UK get access to trustworthy financial services. They have been part of the industry for 135 years.

The company offers secured and unsecured short-term loans and long-term loans that all have different repayment terms and maximum amounts to ensure that there is a product that fits each client's needs.

A registered personal loan provider

Satsuma is an authorized and regulated financial conduct authority; they always make sure that clients receive a loan that they can afford. Before transferring the client's funds, they always ask if the loan repayments are manageable and reasonable. Satsuma makes sure that their customers know the total cost of the loan before they sign the agreement. They believe in being open, honest, and completely transparent about charges.

The benefits of using Satsuma Loans

  • No hidden costs - Clients will never be charged more than what they agreed upon upfront.
  • Flexible repayments- Those who need more time to make repayments can request more time.
  • Instant access to professional advice: Satsuma has a UK constant center with a team ready to address all questions.

Satsuma Loans Services

It is hard to manage personal finances when unexpected payments arise.

Satsuma is a reliable financial service provider that offers top-range personal loans to cover emergency costs. When deciding which personal loan to take, clients should look at their options before starting the application.

A wide range of personal loans

The company offers a variety of personal loans that each has unique benefits and fits according to specific client needs. Clients can choose between the following:

  • Payday loans- A loan that is meant to cover payments between payday's
  • Cash loans- A lump sum of money handed over in cash form
  • Same day loans- TO help those who urgently need funds
  • Short-term loans- Designed to cover emergency costs- come with a short repayment period
  • Guarantor loans- Mainly for those with a bad credit history
  • Direct loans - Agreement between the lender and borrower.No middleman is needed.

Has the most easily accessible services.

Whenever clients are ready to apply, they need to visit the Satsuma website to start applying for an online personal loan. They have an experienced staff that makes sure that all clients receive an affordable personal loan option that benefits them in the long run.

Satsuma Loans – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 133%
  • Loan Amount up to £1,000
  • Repayment 30 days to 12 months

Benefits of Satsuma Loans

  • Flexible repayment structures
  • No hidden fees
  • A dedicated customer service team

Personal loan calculator

£
The interest rate of a loan will vary based on your credit score and risk profile.
This personal loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Satsuma the best financial service provider in the UK

Satsuma ensures that no client experiences any delays when applying for their loan.

They have a quick and secure online loan application process where loans are approved within 15 minutes. Once clients submit all their documents are received approval on their loan, they receive their funds the same day.

What to consider before deciding on a personal loan type

First, clients need to decide what amount of cash they want to borrow. After that, they need to compare the following :

  • How long it will take to repay the total amount
  • The repayment frequency
  • Any fees or charges the lender may decide to apply to the loan
  • The APR charged on the loan

Satsuma personal finance application requirements

Anyone who wants to apply at Satsuma needs to provide the following:

  • A valid phone number and email address
  • Proof of residency. they need to be a permanent UK resident over the age of 18
  • Proof of permanent employment, where they receive a monthly salary
  • Proof of address

How to apply for a personal loan at Satsuma

1- Choose the loan type - Use the companies personal loan online calculator, which shows the monthly repayment and total cost of the loan.

2- Enter client details- Completer the necessary client information. Satsuma will also do a credit check during this step.

3- Receive the loan amount in less than an hour- the next repayment will be deducted automatically.

Low rate personal loans with the best terms

Satsume provides personal loans that can be repaid monthly or weekly and over 3 to 12 months. Each loan type has different terms depending on the amount borrowed. The maximum APR for a personal loan is 15.75%

man holding thumbs up

Satsuma Loans is a trusted & reliable provider of personal loans

In our review, Satsuma Loans adheres to the compliance criteria in accordance with the Consumer Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Satsuma Loans is a registered credit provider in UK: FCA number 700144

Customer Reviews & Testimonials

July 2019

The simplicity of Satsuma online application amazed me

James Y
— Birmingham —

October 2019

The interest rates that accompanied my loan was so reasonable. I am so grateful at Satsuma

Lucia D
— England —

August 2019

The services offered at Satsuma are so convenient to all of us. And their fast turnaround tops them

Mary B
— London —

Satsuma Loans Contact

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