As you of our customers it is very good news for you personally. At Satsuma we donвЂ™t have confidence in fees or costs of every type o sort вЂ“ ever. ThatвЂ™s our vow; we will never ever charge a person for repaying all or section of your loan early.
We make an effort to provide a hand that is helping other people donвЂ™t. Recharging you a cost just isn’t something that is practical to us вЂ“ it simply is not reasonable.
Concerned about your credit report? DonвЂ™t be! Making an repayment that is early reflect adversely on the credit file.
Spend less by having an repayment that is early
Then not merely are you experiencing the reassurance of the cost free loan, you may even be eligible for what exactly is referred to as an вЂearly settlement rebate. in the event that you curently have a brief term loan with SatsumaвЂ™
This means if you opt to spend your loan back early with us you might really qualify for a decrease in the number of interest you consented to spend whenever you took away your loan, this is dependent upon exactly how much you have got paid to date and just how long continues to be on the loan term. This really is normal with other providers too.
Whenever you inform us that you would like to be in your Satsuma Loan early, we are going to provide a settlement estimate which means you discover how much you will need to spend as a whole. This will be legitimate for 28 times. The quantity you’ll want to spend to stay your bank account should include interest determined to pay for this 28 time duration where the estimate is legitimate. This quantity is payable also where the loan is settled by you straight away. This really is prior to the conditions for the credit ( very Early Settlement) Regulations 2004.
Trying to repay your loan early?
If you’d like to repay your loan very early or have any queries on early repayments, then you’ll definitely want to contact our customer service Team on 0800 694 004. It wonвЂ™t take very long after all as all they should do is simply just take a single off debit card payment within the phone away from you. Payments are accepted from 3rd events but make sure theyвЂ™re just present to you to definitely offer their authorization while making the re payment making use of their debit or bank card.
To get more methods for getting in contact see our e mail us web page.
But just what is definitely an repayment that is early?
An very early payment is easy to comprehend вЂ“ this is when one is in a position to repay down a tiny bit of their loan ahead of time or settle it in complete.
Us that you want to settle your Satsuma Loan early, we will give you a settlement quote so you know how much you need to pay in total when you tell. This will be legitimate for 28 times. The total amount you will need to spend to be in your account should include interest determined to pay for this 28 time duration where the estimate is legitimate. This quantity is payable also where the loan is settled by you straight away. This can be according to the conditions associated with credit rating ( very very Early Settlement) Regulations 2004.
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