Looking for Satsuma Loans?

Satsuma Loans

Satsuma Loans are relatively short-term loans, which you can apply for online. With a Satsuma Loan, you can apply for up to £1,000 as a first time customer, which you can borrow over weekly or monthly repayments for up to a year.

If you're approved, it'll take up to an hour to get the money in your account, most of the time. However, if you apply after 11pm, they won't promise hourly payments until the next morning.

Accurate as of 06/03/2018
Minimum Loan amount
Loan duration
Speed of online transfer
When can you get cash?
Star Rating (Reviews.co.uk)
Representative APR
£50
6 months
Within minutes*
24 hours
4.81
1325%
Satsuma
£100
3 - 12 months/ 13 - 52 weeks
1 hour
6am-11pm
4.74
991%

Representative 1325% APR

Warning: Late repayment can cause you serious money problems.
For help, go to moneyadviceservice.org.uk.

About Satsuma Loans

Satsuma short-term loans are also a sister-brand to Vanquis credit cards, which are credit cards aimed at people with lower credit records. In a similar way to Vanquis being marketed as credit builder cards, some see Satsuma as bad credit loans - however, as with any loan applications, your credit history will form part of the decision.

Are Lending Stream loans faster than Satsuma Loans?

If you don't have time to wait around for an hour, you might want to try Lending Stream quick loans. We'll give you an instant decision and start the fund transfer process within minutes*.

Also, we make it easier for you to be in control of your loan. If you want to repay in your own time, you can do that at any time from your account online or using the Lending Stream app for iOS and Android. With Satsuma, you need to call them to make further (or early) payments and get a quote on the outstanding amount.

We prefer to give you options. That's why we make it easy for you to repay any time you want. If you'd rather we take the cash using continuous payment authority, we can do that too, so you never have to think about it. But we figured ‘what's the point in having an online account and app if you can't make payments through it whenever suits you best?'

Loans like Satsuma

Are you looking for a Satsuma loan? If so, then before you apply, why not try Lending Stream first? You might find that the options we offer (like 24hr loan payouts and early repayments without having to deal with a customer representative) suit you better. Lending Stream offers a longer-term alternative to payday loans.

Why not find out more?

Representative 1325% APR

Warning: Late repayment can cause you serious money problems.
For help, go to moneyadviceservice.org.uk.

Let the Reviews Speak for Themselves

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Online
Applications

Apply online anytime - no
need to visit a store.

Money Transfer in
Minutes*

We can initiate fund transfer process within minutes*
of approval.

No Hidden
Fees

We don't charge an application
fee or transfer fee.

We don't offer loans under 60 days. Early prepayment options that are available are not associated with any fees or cost. Maximum APR of 1698.1%. Given a Representative APR is 1325%, if you borrow £200 over 6 months at 292.0% p.a. (fixed) your first repayment will be £33.60 followed by £96.00, £75.84, £66.88, £62.40 and £48.96 the following months. You will repay £383.68 in total, there are no additional fees.