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Satsuma Loans
In this article we let you know about Satsuma Loans.
As some of you may know, Satsuma loans do not operate anymore and do not offer any loans.
Here at Sunny Loans, we might be able to help you find a Satsuma Loan alternative.
Sunny Loans UK can offer loans from £100 to £5,000.
If you are 18+ and have a UK bank account you can apply for a loan through our website and we’ll be able help match you to a lender who is still operating.
When did Satsuma Close?
Satsuma made the decision to close on 31st December 2021.
If you have a loan with Satsuma, you can stop making payments on your outstanding loans to Satsuma after this date. Any payments taken after the 31st December 2021 will be paid back to you.
Satsuma News
The Sun – Martin Lewis MoneySavingExpert has revealed how thousands of borrows could see their debts cleared after Christmas 2021.
Money Expert – Payday and doorstep lenders write off tens of thousands of loans
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LEGAL INFORMATION
Rates from 43.1% APR to 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £1,200 borrowed for up to 75 days. Total amount repayable is: £1506. Interest charged is 0.34% per day, amounting to £306, annual interest rate of 124% (variable). Representative APR: 49.7% (variable). *Subject to application being approved by the lender. Not all lenders are able to provide up to £5000
We are an Introducer Appointed Representative of T.UK, who are a credit broker not a lender. Sunny Loans UK does not provide any loan or consumer Credit products directly. Sunny Loans UK is a registered trading style of 1st class finances PJMO Ltd, which is an Introducer Appointed Representative of T.UK and is entered on the financial services register under the reference number 688026 is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number: 831013. 1st class finances PJMO Ltd is registered in England and Wales (Company number: 11547109), Registered Office, 1st Class Finances PJMO, Office 131, Silk House, Park Green, Macclesfield, Cheshire, SK11 7QJ.
*We welcome applications from all who meet our eligibility criteria. Regardless of your credit score or previous history we will try to match you with a lender who is able to offer you a loan.
* not all lenders are able to pay out loans same day