Satsuma Loans Reviews

4.6 Rating 2,940 Reviews
92 %
of reviewers recommend Satsuma Loans
4.6
Based on 2,940 reviews
Shipping & Delivery
Delivery Methods
Courier, Postal Service
On-time Delivery
Greater than 90%
Customer Service
Communication Channels
Telephone, Live Chat, Email
Queries Resolved In
Under An Hour
Customer Service
4 out of 5

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Anonymous
Anonymous  // 01/01/2019
neither happy or happy
Helpful Report
Posted 6 years ago
Very quick on decisioning. Simple to use site. However I don't like that when you log in you do not have option or opportunity to make a payment.
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Posted 6 years ago
APR is a bit steep for a small loan over a short period of time
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Posted 6 years ago
Quick and simple application. Terms and conditions easy to find and explained in simple to understand jargon. Staff if you need to call are friendly, courteous and very helpful. They try their hardest to resolve the problem. The negative, and whilst I know no one forces you to use them, is the very high interest rates. Those who use your services are often those in dire financial need who are turned down by banks and other lower cost lenders. All that happens is you find yourself even deeper in debt and the cycle becomes ever more vicious. The poorest get poorer while the richest get richer!
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Posted 6 years ago
Not really as interest rate is ridiculous but needed money immediately to pay for repairs.
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Posted 6 years ago
Helped financially when needed
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Posted 6 years ago
Other than the interest rate being so high quick service
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Posted 6 years ago
They did not really - impersonal and came up with a loan which was less than requested
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Posted 6 years ago
loan helps me
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Posted 6 years ago
With a less interest
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Posted 6 years ago
Could do with payments being taken fortnightly and not weekly. The interest rate is very high owing nearly double to what i took out
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Posted 6 years ago
They have straightforward payments and it's easy
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Posted 6 years ago
It was fast but when offered £2000 and I only took out a £100 loan and I paid back the 3 loans I’ve had with satsuma in the past early I think I should be able to take another loan for another amount
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Posted 6 years ago
The online application was quick and easy
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Posted 6 years ago
Quick and easy, APR still High even for a sub prime loan
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Posted 6 years ago
Easy application.
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Posted 6 years ago
Very thorough checks to go through for such a small loan but transferred money very quickly once sorted.
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Posted 6 years ago
Quick and easy to use however cannot change a descrepancy with my personal details on the app have to call customer services.
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Posted 6 years ago
Very quick and afficant service
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Posted 7 years ago
I am happy that a loan was given but the interest is almost the amount loaned, I am now in long term debt
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Posted 7 years ago
Thank you for contacting us with regards to 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. Unlike many other loan companies our loans have no hidden charges, no missed payment fees and no application fee. If your loan is still within the 14 day withdrawal period you do have the right to cancel your loan, please refer to your loan agreement for further information or call our Customer Care Team on 0800 694 0004 which is free from most landlines or call 0330 303 2000 which is a local rate number from mobiles. If you are experiencing financial difficulties we have a specialist team that can provide support and advice. If you wish to speak to them please call 01234 954838, 0800 694 0004 or you can email them directly on youraccount@satsuma-loans.com. Alternatively if you'd like information on managing your money or if you are experiencing financial difficulties, you can find companies that can offer you free independent advice on our debt support page. Alternatively, you can contact them on the numbers below: Step Change Debt Charity - 0800 138 1111 The Money Advice Service - 0300 500 5000 National Debtline - 0808 808 4000 We hope this is of assistance
Posted 7 years ago
Satsuma Loans is rated 4.6 based on 2,940 reviews