SatsumaLoans.Co.UK- A Review

About the Company

Satsuma Loans, a trading name of Provident Personal Credit Ltd. in Bradford, is an excellent pick to meet out the small amount loan requirement. Provident Personal Credit Ltd is part of Provident Financial Group that has years’ experience in lending throughout the UK and Ireland. Although Satsuma Loans may seem relatively a new brand, it has more than 100 years’ exposure to lending business.


Satsuma Loans – No Fee – No Hidden Charges

The company has the policy of no hidden charges to make the borrowers ensure that they will be charged only what they are told in the proposal. The best part of deals is that lending agency doesn’t charge for late payment, missed payment, default fee to make the borrower stress free. The rescheduling fee is also nil. The agency also doesn’t cost any extension fee in case the borrower wants to extend the repayment period. The transmission and early payment fees are also waived off to make these ‘zero’. At the time of review, the no-fee structure was as per the table is shown.

Satsuma Loans = No Fee

FCA Registered Company


As being FCA regulated lending company, the lending experts ask you few details to make sure that a borrower can afford the loan repayments. The streamlining of the repayment process helps the borrower to build better impressive credit report; it means the borrowing from this agency is an opportunity to improve poor credit score. On time return not only helps to get a further loan at a lower price but also to get more funds at a small mortgage.

The company with ‘Interim Permissions Reference Number: 002529’ seems honest and transparent. It follows the advanced technology to analyse the credibility and track the previous record. One of the top ranking loan store ensures that the borrower knows all about the cost of any deal. It also provides that it draws the scheduled payment only at a fixed date. The agency makes only one withdrawal attempt; if it fails, the borrower is informed to arrange the payment.

Repayments – Easy and Affordable

Loan Repayments - Satsuma Loans

To make the repayment easy, affordable and manageable, the agency facilitates for weekly and monthly instalments. The borrower can select the day of week or month to repay; it gives the complete control to scheduling loan repayment without feeling financial stress. The on the site loan calculator is designed to help the borrowers go through different repayment plans and to decide what can afford to repay before getting debt. As the borrower pays a set amount weekly or monthly, so, he knows how much he has spent and how much he still had to pay. For example, if a borrower takes £ 1000 for 21 weeks, he will have the pay £81.90 per week to pay back the total amount of £1,719.90 (£ 1000 + £719.90 interest rate). The borrower can make additional repayment also anytime without worrying for early payment fee.

The date of repayment can also be changed by contacting the customer care team. As being the leading lending agency, powered by the strong background in providing financial services, the agency claims for transferring the amount in one hour. The delivered satisfaction is at the best level as the customers rate the services 4.8 out of 5.

Company Services by

Satsuma Loans - Services

The company offers a vast variety of loans including cash loans, payday loans, same day loans, online paperless loans, guarantor loans, short term loans, secured loans etc. Cash loans are designed to serve the people having no bank account. A payday loan is intended to help the employed people by providing small cash returnable incomplete on the salary date. Same day loans guarantee the same day funds transfer into a bank account. The secured loans are the low-cost credits provided against mortgage; these are the best pick for the homeowners requiring a large amount for long-term.

The company claims for being the best friend in the hour of need; therefore, it provides the fastest credits even to the people having a low credit score. The experienced lending experts understand the requirements and affordability both before structuring the proposal; therefore, each proposal rests at the top in comparison. Each transaction made over the website is secure as the site uses the most advanced technology. The premier lending company uses the services of Experian, World Pay and Call Credit like reputed credit score rating agencies. It has a dedicated UK call centre also to help the borrowers for any need in the best possible way.

Satsuma Loans Affiliate

As being the fast emerging leading agency in the UK, Satsuma Loans conducts an affiliate programme also with the intention to provide the best in class most rapid customer support. This well-planned approach supports the customers living in distant locations but requiring a personalised touch in lending services. All the affiliates are best trained to improve the borrowing experience of customers; only the agencies having approval from FCA can join the affiliate programme.

How We Rate SatsumaLoans.Co.Uk

At The Blog On Finance, we aim to provide a general overview of a lender’s services and reviews through a standard rating process. After a thorough research and discovery period, here’s how stacks up: at a Glance
Overall Rating
Affordability (interest rates, fees, and terms) 🌕🌕🌕🌕🌑
Availability (credit requirements, geographic reach) 🌕🌕🌕🌑🌑
Ease of Use 🌕🌕🌕🌕🌑
Transparency 🌕🌕🌕🌑🌑

Leave a Reply

Your email address will not be published. Required fields are marked *