As you of y our customers itвЂ™s very good news for you personally. At Satsuma we donвЂ™t rely on costs or charges of any type o sort вЂ“ ever. ThatвЂ™s our promise; we shall never ever charge an individual for repaying all or section of your loan early.
We try to provide a hand that is helping other people donвЂ™t. Billing you a charge is certainly not something which is reasonable to us вЂ“ it merely is not reasonable.
Focused on your credit report? DonвЂ™t be! Making an repayment that is early mirror adversely in your credit history.
Spend less by having an repayment that is early
In the event that you currently have a quick term loan with Satsuma then not merely have you got the satisfaction of a charge free loan, you might also be eligible for what exactly is referred to as an вЂearly settlement rebate.вЂ™
This means if you opt to spend your loan back early with us you might actually qualify for a decrease in the quantity of interest you decided to spend whenever you took away your loan, this will depend on simply how much you have got compensated up to now and just how long continues to be regarding the loan term. This really is normal with other providers too.
Whenever you reveal you want to be in your Satsuma Loan early, we’re going to offer you a settlement estimate and that means you understand how much you’ll want to spend as a whole. This is valid for 28 days. The total amount you will need to spend to be in your account should include interest determined to pay for this 28 time duration when the estimate is legitimate. This amount is payable also where the loan is settled by you straight away. It is according to the conditions for the credit rating ( very Early Settlement) Regulations 2004.
Trying to repay your loan early?
If you would like repay your loan very early or have any concerns on very 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 have to do is just take a single off debit card re payment over the telephone away from you. re re Payments are accepted from 3rd parties but make sure theyвЂ™re just present with you to definitely offer their authorization and then make the re re re payment using their debit or charge card.
To get more techniques for getting in touch see our call us page.
Exactly what can be an repayment that is early?
An very early repayment is easy to comprehend вЂ“ this is how a individual is in a position to repay down handful of their loan ahead of time or settle it in complete.
Whenever you inform us that you would like to stay your Satsuma Loan early, we shall offer you a settlement estimate so that you understand how much you will need to pay as a whole. This is 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 instantly. This can be prior to the conditions associated with the credit ( very very Early Settlement) Regulations 2004.
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