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

If you have bad credit history you may be considering a guarantor loan. But did you know you could apply for a no guarantor loan from Satsuma? Even if you have had credit problems in the past you may still be eligible for a Satsuma short term loan.

Guarantor or no guarantor - what's the difference?

When you apply for a loan with no guarantor the lender will run a credit check on you before deciding whether to approve your application. You are solely responsible for repaying the loan. But guarantor loans work a little differently.

In this case you ask someone you know to guarantee the loan for you. This means they agree to make any payments should you be unable to do so. If your guarantor has a good credit rating the lender is likely to approve the loan. Even if you have a bad credit history.

Try our loan calculator


Check before you apply

With Satsuma, you can check before you apply to see if you are eligible for a loan. Simply confirm your name and address and answer a few straightforward questions and you can find out if you’re eligible for a loan.

We'll tell you instantly if you are eligible for a loan. We'll do this without affecting your credit rating*.

Checking before you apply is ideal if you have a bad credit history or are unsure if you are eligible for a loan.

Once you have checked, you can then complete your online application for a Satsuma loan. No guarantor needed.

How it works

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'll need to check your details if you choose to apply*

How do guarantor loans work?

Applying for guarantor loans can be more time consuming than other online loans.

Though the process may differ between lenders the usual procedure is that you, the borrower, firstly completes an online application form. The next stage is for your guarantor to complete their own application. You must both provide details of income and outgoings.

Anyone can apply for a guarantor loan. As long as you can find a guarantor with a very good credit rating.

Those with a bad credit history often believe guarantor loans are their only option when looking for finance. However, other alternatives are available.

Loans for bad credit with no guarantor

If you have a bad credit history you can still apply for a short term loan from Satsuma. And you don't need a guarantor.

Here at Satsuma we believe the most important thing is your ability to repay the money we lend to you. We consider applications from people from all backgrounds and personal circumstances. But we will never ask you to provide a guarantor.

Applying for a no guarantor loan from Satsuma

Your ability to repay a loan is one of the most important thing we consider so you don’t have to have a perfect credit score.  You can learn more about how we decide whether to approve a loan or not by clicking here or, to find out how much a loan would cost, you can visit our loan calculator.

No guarantor, no fees

You already know Satsuma will never ask you for a guarantor for your loan. But something else which sets us apart from many other lenders is we don't charge you any fees. What you borrow is what you pay, we won't ask you to pay any extra fees. There are no hidden charges and no surprises lurking in the small print.

A loan from Satsuma

As a new customer, you could borrow from £100 to £1,000 (subject to affordability) and repay your loan in monthly or weekly instalments on a day of the month or week to suit you. We make sure you only borrow what you can afford to repay, and you can manage and maintain your loan online.

Why Satsuma?

Satsuma is part of Provident Personal Credit Limited. We are a long established and trusted lender. Remember with Satsuma:

  • No guarantor needed.
  • As a new customer you could borrow from £100 to £1,000 (subject to affordability).
  • Repay your loan over three to twelve months.
  • Choose either weekly or monthly repayments.
  • Never pay extra fees.
  • Manage your account online or via the Satsuma app.


*Satsuma Loans are subject to successful completion of affordability and identity 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.

**If approved, hourly pay-outs between 6am-11pm

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