As you of y our customers it is very good news for you personally. At Satsuma we donвЂ™t believe 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 try to lend a hand that is helping other people donвЂ™t. Recharging you a cost just isn’t something which is reasonable to us вЂ“ it merely is not reasonable.
Concerned about your credit history? DonвЂ™t be! Making an very early payment wonвЂ™t mirror adversely on the credit file.
Save cash by having an very early payment
In the event that you have a brief term loan with Satsuma then not just have you got the satisfaction of the charge free loan, you can also be eligible for what exactly is called an вЂearly settlement rebate.вЂ™
Which means if you choose to spend back your loan early with us you can really be eligible for a decrease regarding the quantity of interest you consented to spend whenever you took away your loan, this is dependent upon exactly how much you have got compensated up to now and just how long stays on the loan term. This really is normal with other providers too.
Whenever you inform us that you would find like to be in your Satsuma Loan early, we are going to offer you a settlement estimate which means you understand how much you will need to spend as a whole. This is legitimate for 28 times. The quantity you will need to pay to be in 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 can be relative to the conditions associated with the Consumer Credit ( very Early Settlement) Regulations 2004.
Trying 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 have to do is just simply take a single off debit card re re re payment on the phone away from you. re re Payments are accepted from third events but make sure theyвЂ™re just present to one to offer their authorization and also make the re re payment making use of their debit or charge card.
To get more techniques for getting in contact see our e mail us web web page.
But what is an repayment that is early?
An repayment that is early easy to realize вЂ“ that’s where an individual is able to repay down handful 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 is legitimate for 28 times. The quantity you will need 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 even where you settle the mortgage straight away. This can be prior to the provisions associated with the credit rating ( very Early Settlement) Regulations 2004.
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