At creditpoor.co.uk we are primarily concerned with providing our clients with the very best loan options. Most of our clients are individuals with bad or poor credit, who are low on their luck and looking for an opportunity to climb out of a financial crisis.
Satsuma says yes
At Satsuma loans, a company which issued over 90,000 loans in last year alone, a loan applicant can almost always be sure of a yes, in so far as they have met all the requirements for the loan. To take a payday loan in the UK, the requirements are always the same:
- The borrower should be over 18 years old. This is to ensure the person is of adequate maturity to go into a loan agreement, which is a binding contract under the Financial Act of the UK.
- The borrower must be a resident or citizen of the UK and allowed by law to borrow from a lending facility.
- The borrower should have a regular income. One of the primary tenets of the payday loan is that it is repaid on the borrower’s payday. For a borrower to be eligible, they need to have a job that pays on specific paydays.
- The borrower should have a bank account which is capable of operating cheques or a debit card. This is to facilitate the payment and repayment processes to the ease of both the lender and the borrower.
If you meet these requirements which are the same almost everywhere, Satsuma barely has anything else they ask clients, and so it could be likely that you will get your loan once you apply at Satsuma.
Clients are not mere statistics
At Satsuma, the focus is an understanding what exactly the client need and fulfilling that need as soon as possible. The clients are not mere statistics and every single one has their application personally reviewed before vetting.
Quick delivery of money
Once the loan application is approved, the typical Satsuma loan takes only about an hour to be delivered to the account of the borrower. Payments occur every day between 6:00 am and 11:00 pm, United Kingdom time.
Manage your repayments
When borrowing with Satsuma, clients have the opportunity to manage their repayment plan to repay weekly or monthly, depending on which is most suitable for them. This is especially favourable for individuals who get paid weekly and need a plan that limits their risk of spending and helps them to repay their loans.
Zero hidden fees
With Satsuma, what you signed is what you get. There are no hidden fees hidden somewhere between the lines of the paperwork. It is only the amount you were paid for that you eventually end up paying, nothing more.
No charge for late repayments
At Satsuma, even if you pay late or you miss payments, you will never be charged. We understand that people who take these loans are doing so to help make ends meet or climb out of a financial crisis or emergency, and we do our best not to worsen the situation for them.
Satsuma has a representative APR of 991%.
Attractive maximum borrowing limit
With Satsuma, you can borrow as much as £1000, which is over a hundred percent more than what most loan facilities give for this type of loans. The minimum borrowing limit is £100.