Satsuma Loans

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Company Information

  • Company Name:
    Satsuma Loans
  • Website Address:
  • FCA IP:
    002529
  • Business address:
    1 Godwin Street, Bradford, BD1 2SU
  • Phone number:
    0800 694 0004

Satsuma Loans (https://www.satsumaloans.co.uk) is a trading name of Personal Credit Limited which is based out of Bradford and prides itself on having over 130 years of lending experience. This makes them one of the most experienced companies in the industry.

Satsuma takes pride in being a responsible lender and will diligently analyze your application to make sure you’re only lending what you can afford. They are also fully regulated by the FCA and have a fantastic customer support team to guide you through the application process and answer any queries you may have along the way. You can also login via their website in order to view/manage every aspect of your account.

APPLICATION REQUIREMENTS:

In order to take out a direct loan via Satsuma, you must be between 18 and 74, be a permanent resident in the United Kingdom and not be a bankrupt. You will also have to agree to a credit check performed by Satsuma in order to determine your eligibility.

LOAN AMOUNT AND CHARGES:

Satsuma offer loans ranging from £100 to £1000 (subject to affordability checks) and you can repay the loan from anywhere between 3 months and 12 months. There are no hidden application fees or on going charges – you will simply pay the amount you have borrowed plus the agreed interest on top which is determined and outlined at the very start of the process.

PROCESS:

In order to apply for a Satsuma loan, you’ll simply need to fill out their online application. The form itself is quick and easy to fill in and you’ll just be asked various bits of personal information such as your name, address, phone number and e-mail address. You’ll also need to provide information about your employment and addresses for the past 3 years. You will receive the loan within the hour if you apply between 6am and 11pm.

PAYMENT:

The loan itself is transferred direct to your designated bank account, usually within the hour and repayments are deducted from your debit card week by week or month by month depending on the repayment terms you have agreed. You can also view a borrowing summary at any time which outlines what you have paid / are due to pay and you can also repay the loan early should you wish to with no fees or penalties. You may even be entitled to a rebate.

13 Reviews of Satsuma Loans have been submitted - read the latest 3 below

Satsuma have helped me out a lot recently. I have had some unexpected bills and I had to cut back on a few things like my food shopping and not buy random things that I like but don't need.

Its my sister birthday coming up and I have no way of getting her something and be able to afford my bills. I know I can rely on satsuma again when I take out a loan to buy her a nice present because I have used them a lot and each loan has been perfect with no issues.

My cousin uses satsuma and it was him who introduced me to them when he ran into some money problems and satsuma helped him out.

Review posted by Samantha Sterling

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

I always take my kids away for a long weekend break to Blackpool every year. This year money was very tight and if it weren't for the loan then I wouldn't have been able to take the kids away. Cant thank satsuma enough for their extremely fast loan and it was for a very good price.

The kids are very happy with there yearly trip away and I don't want to stop that any time soon so if I need to take out another loan to take them again then I will. The trip away only costs me a few hundred so its not too heavy on the pocket but I don't want to be stuck eating pot noodles for a week after I take them away so a loan made it comfortable.

Review posted by Steve

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

I have just paid back my first loan with satsuma and it was brilliant! The website was very easy to use and I understood everything. With other lenders I usually need to phone them up because their website is too confusing.

The best thing about satsuma is you get the money in 1 hour. Hardly any lenders are that quick, some even take a whole day.

Im am very happy with my experience at satsuma and I would consider using them again if I need to in the future. I told my brother about satsuma and unknown to me he is a regular customer and he loves them too.

Review posted by V Austin

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money