Representative 535%​ APR.

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

Are you thinking about a loan from 118 118? 118 118 offer loans from one to two years and you can apply to borrow up to £5,000. Satsuma offer loans from £100 - £1,000 (subject to affordability), from 3 -12 months.

The minimum loan from 118 Money is £1,000 which for some borrowers can mean taking on more debt than wanted.

Borrowing money over a two year term can be a big commitment. Dependent on circumstances, a smaller amount over a shorter period could be more feasible.

What do Satsuma offer?

New customers at Satsuma can borrow up to £1,000 (subject to affordability). We provide short term loans so you can choose to repay your loan over three to twelve months. And because we know everyone is different we give you the option of repaying your loan in either weekly or monthly instalments. This is something 118 118 loans do not offer.

Bad credit loans

At Satsuma we consider all circumstances. Even if you have had credit problems in the past. The most important thing is that you are able to afford the repayments. And what's more we will tell you if you are eligible for a Satsuma loan, before you even apply*.

SmartCheck: Check your eligibility before you apply

SmartCheck is a free tool you can use if you have any worries about being approved for credit. Just answer a few questions and SmartCheck will instantly tell you if you are eligible for a Satsuma loan, without affecting your credit rating*. It will also tell you how much you are able to borrow.

SmartCheck gives you the peace of mind you are looking for if you have had credit difficulties in the past. And it does all this without a credit check.

How does SmartCheck work?

We check your info

It's not a full application so we only need a few details

Protect your credit score

No matter the result, it won't affect your credit score unless you choose to apply

Give you your result

You'll find out in 60 seconds and we'll tell you how much you could borrow. We'll need to check your details if you choose to apply*

Loan calculator

Use our loan calculator to see how much your repayments will be on the amount you wish to borrow. Don't forget you can choose to repay your loan in either weekly or monthly instalments.

Try our loan calculator

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Ready to apply for a Satsuma loan?

Applying for a Satsuma loan is a three step process:

  • Use the loan calculator to decide how much you wish to borrow and how long you want to borrow the money for.
  • Head over to SmartCheck to see if you are eligible for a Satsuma loan.
  • Complete our online application.

*Unless you choose to apply, approval for a Satsuma Loan is subject to successful completion of affordability, fraud, identity and money laundering checks. Satsuma Loans are only available to UK residents who are at least 18 years of age and have a valid UK bank account and debit card.