Satsuma Loans Alternative
If accepted you could receive up to £2000 for your Satsuma Alternative.
You can expect an automated answer within 3 minutes.
**Applying will not affect your credit score but if you accept the loan offer a full credit check will be performed
REPRESENTATIVE 305% APR
Loanski offers competitive interest rates compared to some lenders across the market.
Customize your loan term from 1 month to 12 months putting you in control of your payment plan.
You can expect fast payouts sometimes within 10 minutes^
Company Number: 146091
Date firm started business:
Satsuma is a trading name of Provident Personal Credit Limited.
Type of Business: LENDER
Loan value range:
£100 to £1000
Loan term length:
Monthly: 3 to 12 months
Weekly: 13 to 52 weeks
Provident Personal Credit Limited
Previous Business Name:
JOHN BLUNDELL LIMITED
20 Feb 1917 – 13 Nov 1991
Head Office Address:
No. 1 Godwin Street
Satsuma Loans, who are they?
Satsuma are a relatively new loan company which started in 2015. They are operated as part of the Provident Personal Credit Group who are a trustable loan company that have been running for over 135 years!
The old ways spoke need for an online loan solution
Provident Personal Credit unlike most loan companies operate a personalised door to door loan service and so made the decision to open Satsuma loans when they realised there was a need for an online loan service.
All of their values and missions are the same and have been carried over to Satsuma, you get the same experience the only difference is you won’t have a personal representative.
If you prefer the idea of the face to face loan service then you can visit the parent company of satsuma at www.providentpersonalcredit.com and apply directly from there.
What does Satsuma mean?
Satsuma is actually the name of a small citrus fruit that is a member of the orange family. They are a delicious fruit often a lot sweeter than oranges.
Satsuma was also the name of a Japanese province located in the South-west of the country.
What do they offer?
Satsuma loans offer customers the chance to borrow sums of cash up to £1000 for new customer and £2000 if you are a returning customer. They offer both weekly and monthly payments making it a lot more flexible and appealing to customers with different circumstances.
Repayments can be made over a period of 3 to 12 months and no additional fees are charged, even if you make a late payment!
Applying for a Satsuma loan couldn’t be easier. All you need to do is fill out the online application form and submit it. You will receive your decision with in minutes and if your application is made and accepted between 6am – 11pm you will also receive your payment the very same day! It is really that easy!
Requirements for the loan:
Age restriction: To be eligible for a Satsuma loan you must be aged between 18 and 74 years of age.
When applying for a Satsuma loan you will be required to provide you address information over the last 3 years.
Proof of income
During your application you will need to provide details of your income. On some occasions Satsuma will request proof of your income. If this is needed then you are able to submit pay slips via email and will receive your decision within 24 hours.
During your application process you will also be required to send in some forms of identification. Satsuma will accept all of the following forms of ID as long as they’re in date and the information is clearly readable (Please note the following informantion was taken from the Satsuma website and is up to date and correct as far as we are aware):
- Full UK or foreign passport
- Photo card driving licence
- EU member state identity card
- Shotgun licence or firearms certificate
- Northern Ireland electoral ID / voters card
- Biometric ID card for foreign nationals (Home Office issued)
The following documents will be accepted as long as they’re dated within the last 12 months:
- Council Tax letter / statement from Council
- DWP letter / benefits acceptance letter
- Council / housing association rent statement / book / card
- HMRC letters
- Bank issued letter containing sort code and account number (not a statement)
- Post Office account statement
The following forms of identification can also be accepted as long as they’re in date and still valid:
- Taxi driver badge (Council issued)
- Blue disabled drivers pass / badge (Council issued)
- Scottish national entitlement card
- Old style UK paper driving licence
- HM Forces / Police warrant card
- Residency permit (Home Office issued)
Will I be accepted?
Satsuma use ‘credit scoring’ to decide whether or not to prove customers with a loan. The carry out their own checks but also use credit reference agencies such as Experian for in depth checks. It is a requirement when applying for a loan with Satsuma that you have not been bankrupt.
If you have a history of bad credit of CCJs then you may prefer to apply for a loan with Provident Personal Credit as they are able to asses your situation based on your personal circumstances and face to face meetings with customers.
Do I need a bank account?
Unlike their sister company Provident Personal Credit, Satsuma is an online loan company. This means you will need a bank account and debit card details so you can receive your loan.
Looking for an all in one loan solution like Satsuma? Loanski’s partner has a loan search system that scans and checks your details with multiple lenders increasing your chances of getting accepted for a loan and reduces the time searching through multiple lenders.
Satsuma have flexibility when it comes to repaying your loan. You have the choice of wither weekly or monthly payments and are able to decide the term depending on your circumstances.
One of the great things about Satsuma is you will know the cost of your loan upfront. There are no hidden charges or late repayment fees.
Late payment fees
Satsuma don’t actually charge any extra if you miss payments or don’t make them on time. However, if you are struggling with your payments please contact Satsuma as soon as you can to inform them and discuss your options.
|Advantages of using Loanski|
|Loan Amounts||£100 to £2000 ^||High Acceptance Rates|
|Application Decision Time||3 Minute Automated Decision!||100% Online No Paper Work!|
|Payout Time||As fast as 10 Minutes! ^||SSL Secure Application|
|Fee For Application||£0 We Don't Charge Fee's!||Multiple Lender Platform|
|Poor Credit Score?||All Credit Scores Welcome!||No Obligation|