As you of y our customers it is great news for you personally. At Satsuma we donвЂ™t rely on costs or charges of every sort вЂ“ ever. ThatвЂ™s our vow; we will never ever charge an individual for repaying all or section of your loan early.
We try to provide a assisting hand whenever other people donвЂ™t. Asking you a cost just isn’t something which is reasonable to us вЂ“ it merely is not fair.
Concerned about your credit report? DonвЂ™t be! Making an very early payment wonвЂ™t mirror adversely on your credit history.
Conserve money with an very early payment
In the event that you have a brief term loan with Satsuma then not merely are you experiencing the reassurance of the charge free loan, you may even be eligible for what exactly is known as an вЂearly settlement rebate.вЂ™
Which means if you opt to spend back once again your loan early with us you might really qualify for a decrease regarding the quantity of interest you decided to spend once you took down your loan, this hinges on simply how much you have got compensated thus far and exactly how long continues to be on the loan term. That is common with other providers too.
Once you inform us you want to be in your Satsuma Loan early, we shall offer you a settlement estimate and that means you discover how much you will need to spend as a whole. This is legitimate for 28 times. The total amount you’ll want to spend to stay your account should include interest determined to pay for this 28 period in which the quote is valid day. This quantity is payable also where the loan is settled by you straight away. That is according to the conditions regarding the credit rating ( very very very Early Settlement) Regulations 2004.
Seeking to repay your loan early?
Then you will need to contact our Customer Care Team on 0800 694 004 if you want to repay your loan early or have any questions on early repayments. It wonвЂ™t take very long after all as all they should do is simply simply just take a single off debit card re payment over the telephone away from you. Re Payments are accepted from 3rd events but make sure theyвЂ™re just present with you to definitely offer their authorization and then make the re re payment due to their debit or charge card.
For lots more techniques for getting in touch see our e mail us web web page.
But just what is definitely an repayment that is early?
An repayment that is early an easy task to realize вЂ“ that’s where one is in a position to repay down a tiny bit of their loan ahead of time or settle it in full.
Once you reveal that you would like to stay your Satsuma Loan early, we are going to provide you with a settlement estimate which means you understand how much you ought to spend 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 period in which the quote is valid day. This quantity is payable also where the loan is settled by you straight away. That is in conformity with the conditions associated with credit ( very very Early Settlement) Regulations 2004.
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