Monthly repaid loans.

With Satsuma Loans, you always know the full cost of your loan upfront. And with our monthly repayments option, you can spread the cost with regular instalments over 3 to 12 months.

Satsuma loans are repaid through a Continuous Payment Authority, which is a way of making your loan payments by giving us permission to collect from your debit card. You also choose what day of the month you want to make your repayments on.

Satsuma Loan Calculator

Before you apply for a Satsuma loan, you may want to consider using our loan calculator to get an understanding of exactly what your repayments will be. You can use the sliders to set the amount you need to borrow, whether you prefer to repay it with weekly or monthly payments over your selected time period.


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. We need to check your details if you choose to apply*

Check before you apply

You can check whether you’ll be accepted for a Satsuma online short term loan without impacting your credit rating.

If you do choose to apply for a loan after checking, we do then complete a full credit check.

Just answer a few questions online and we will tell you how likely you are to be approved for a loan from us. We will search credit reference agencies, but this will not leave a record on your file. If you've had credit issues in the past, checking before you apply can provide peace of mind and reassurance when applying for a Satsuma short term loan.

Are there any alternatives to monthly repayments?

If you don't think monthly repayments are suitable for you, Satsuma also offer weekly repayment options. This works in exactly the same way, only repayments are made in weekly instalments. You'll still always know the full cost of your loan upfront and won't pay any hidden fees. Only pay back what you agree up front.

If you think our weekly repayments option might be best for you, more information is available on our weekly repayments page.

Some features of a Satsuma short term loan

With a Satsuma loan there is no need for a guarantor. Some lenders who consider applicants with an adverse credit history, include the requirement of a guarantor who can repay the loan if circumstances change.

All Satsuma loans are unsecured loans. We do not offer any secured loan options. In addition to this, Satsuma also consider applications from those who need a loan but have bad credit or a poor credit history. Typically, those with less than perfect credit may find accessing high street finance more difficult, which is where lenders who consider bad credit applicants may be an alternative. However, these lenders typically offer loans at a higher rate of interest.

Can I apply for a Satsuma loan online?

Yes, our application process is online. If you decide a Satsuma monthly repayment loan is an option, then use our check before you apply option to see if you’ll be approved*.

* Approval for a Satsuma Loan is subject to successful completion of affordability and identity checks. Satsuma Loans are only available to UK residents who are at least 18 years old and have a valid UK bank account and debit card.