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

Our charges explained

Our loan charges and fees

We pride ourselves on the fact our loan costs are simple and straightforward. Of course the amount you borrow will have interest applied based on the length of time you choose to pay it back, but you can be sure that this final amount is the total cost of your credit and that it will never change; you only ever pay back what you agree upfront. Use our loan calculator to see your loan options.

Thinking of our customers

We know applying for a loan can be stressful, especially when you need the money quickly to deal with things that may have come up unexpectedly.

That’s why we like to be clear, straightforward and honest. We give you all the information upfront so there’ll never be any surprises.

Are there any other costs?

Our loans have NO hidden charges. No missed payment fees. No late payment fees. No application fees. Don’t believe us? Take a look at the table below:

Potential Fees

Satsuma Fees

Application Fee


Processing Fee


Transmission Fee


Faster Payments Fee   




Rescheduling Fee


Extension Fee


Rollover Fee


Late Payment Fee


Missed Payment Fee     


Default Fee


What you agree to pay back is what you pay. It’s as simple as that.

All we ask is that you get in touch if at any point your circumstances change. We don’t want you to ever feel worried about repayments. Simply let us know what the issue is and we will try to help you get back on track.

Whether you prefer to pick up the phone, drop us an email or put pen to paper, you can always contact us here at Satsuma Loans.

Loans can be repaid either monthly or weekly over a period of 3 to 12 months depending on the loan term chosen at application. The maximum APR for a loan is 1575%.

Representative example: £480 loan repayable over 9 months. 9 monthly repayments of £106.56. Rate of interest 133.1% p.a. fixed. Representative 535% APR. Total amount payable is £959.04