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Rated 5 out of 5 stars

took out a 600 pound loan and struggled to pay it back, ended up in 4800 pounds worth of debt, would definitely recommend!

Rated 1 out of 5 stars

Most awful godforsaken loan company avoid at all costs! Got into financial difficulty and needdd some breathing space all other companies were sympathetic and put immediate measures in place to help I... See more

Rated 5 out of 5 stars

Excellent company have had several loans with them all paid on time or paid off early easy to apply on app interest is shown clear as day. The Interest rate is higher than most lenders if you cant... See more

Rated 1 out of 5 stars

Why are lenders like this allowed to exist. APR of 991%. What is the point in the FInancial Conduct Authority doing to legislate against such exorbitant interest Charges. They are preying on the mos... See more

Company details

  1. Non-Bank Financial Service
  2. Alternative Financial Service
  3. Financial Consultant
  4. Loan Agency

Information provided by various external sources

Are you looking for a short term loan up to £2000 repaid in instalments? Apply online at Satsuma Loans. Subject to affordability. Representative 991% APR


Contact info

3.3

Average

TrustScore 3.5 out of 5

213 reviews

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3.3

All reviews

(213)

0 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

The reason for this is because I was …

The reason for this is because I was having real trouble of login in and register.

I was at the time trying to register and all it wants is current address should be after my date of birth and that was in the details part and when I tried to log in, it got really funny.

They have promised me that it will all be sorted but its not.

I am so angry with them right now I just feel like that I've given up on them.

For that, I'm never go with them again.

November 19, 2017
Unprompted review
Rated 1 out of 5 stars

Had a few loans in the past from …

Had a few loans in the past from Satsuma with no problems £1000 & £600 always paid on time with a perfect Satsuma credit score,(on App) when my car failed it’s mot at the wrong time of the month I immediately thought Satsuma won’t let me down with the money I needed but sadly I was WRONG logged into my account with a provisional offer of a loan thought great went through full process all good, when the application declined came up I was gobsmacked nothing had changed since last application what did it mean “ credit Reference Agency can’t give us information required “ with the reason!! Had 2 previous loans from you , As I’d been an outstanding previous customer decided to go through the appeal system only to receive a letter saying a no is a no but you can reapply in 2 months ermmmmm no very very disappointed in how they treat loyalty customers.

November 14, 2017
Unprompted review
Rated 1 out of 5 stars

Filled in application

Filled in application. Showed to have 380 plus a month left after outgoings. Then said I was accepted subject to providing proof of income. Sent in wageslip showing 200 pound more than i declared on my application. (Had to send it TWICE by the way!) 36 hours after i thought i was accepted i was refused due to not being able to afford it!!! It was only 70 pound a month! Absolute timewasters! Why wasnt i just declined immediately? Really upsetting

November 9, 2017
Unprompted review
Rated 1 out of 5 stars

aAppalling customer service …

Absolutely appalling customer service avoid this company without question interest rate is way too high , I took out a short term loan of £1000.00 over 12 months and then decided one day after the 14 day cooling off period to repay in full was told it would an additional £100.83 to settle , complained immediately was given incorrect information by customer helpline after numerous phone calls took over three weeks to resolve , this company should have its licence to operate revoked.Have reported this to the Financial conduct authority who are looking into this companies operations very closely. PLEASE AVOID USING SATSUMA LOANS.

October 25, 2017
Unprompted review
Rated 1 out of 5 stars

Awful

Awful! Please avoid these shysters.

All of the interest is paid first before even touching the capital. Then they take and extra 28 days of interest if you wish to settle early. Would never use again or recommend. Go elsewhere if you can.

October 18, 2017
Unprompted review
Rated 5 out of 5 stars

five stars

This company gave me a chance when i had been refused by others. i would recommend this company to anybody who's credit isn't the best.

i can definitely say it was easy to apply online and the money arrived very quickly.

10/10 brillant

September 20, 2017
Unprompted review
Rated 1 out of 5 stars

MUST READ THIS BEFORE YOU APPLY.

MUST READ THIS BEFORE YOU APPLY.

Awful service and pure time wasters. I had a loan paid every month on time told me can apply again so I did and then asks for prove of income after already been paying them so I send anwuays and say they can't ready it okay I send another one could not be more clear and say not clear enough. This is now 5 days after I first applied. This should not be allowed to be company and shut down very bad service staff very rude and I will take this so much further for the time they waste. Go to wonga or anywhere else. Please trust this.

September 5, 2017
Unprompted review
Rated 2 out of 5 stars

Long Delays

Applied on Thursday, asked for payslip details etc. Didn't hear back until today when refused. Whats the point in asking for bank detail screenshots etc when going to be refused?

August 7, 2017
Unprompted review
Rated 1 out of 5 stars

Absolute joke...make u think uve been …

Absolute joke...make u think uve been acceped and just need to confirm your income.. u go to the trouble to send proof of income (which matches what u have already stated) and then they decide to decline u!! Waste of time!!!!

July 21, 2017
Unprompted review
Rated 1 out of 5 stars

Satsuma Loans are very slow to respond …

Satsuma Loans are very slow to respond to email communication. I emailed them about a brief payment break because of unexpected outgoings and I am still waiting for a response. It's too late now and due to Satsuma's slapdash approach to customer service I find myself contemplating the prospect of having to use a food bank. I no longer have any faith in Satsuma Loans.

May 23, 2017
Unprompted review
Rated 1 out of 5 stars

Disgusting company stay away!

Disgusting company. I applied for a loan a loan a full credit check was done. I passed! Signed the credit agreement as states on there website once signed money will be transferred great! No completely miss leading after signing into my account. My loan was stuck at pending for 4 days! No communication from satsuma at all. No phone calls emails. I was the one who had to contact them. To actually find out what was going on. Only to be told I was declined! Shocked as I passed the credit check. They didn't even bother to email me to say I was supposedly declined. So 4 days of waiting for nothing well Donte satsuma. You could have easily asked for a wage slip. There email communication is non excisdent! There communication is awful. I personally would warn any one to go to a more reputable company than these idiots. They will just mess you around, and won't even contact you. There site is completley miss leading. Not a reputable company.

May 11, 2017
Unprompted review
Rated 2 out of 5 stars

I wouldn't recommend this to anyone

I wouldn't recommend this to anyone.

It was fine the first few months, my money was in the same day, even over a weekend, with no problems, until the last month.

Suddenly, with over a grand in my account, they claim they can't take the payment, they harass me on a Sunday and Monday, when I'm working, until I finally pick up the phone and they tell -me- I'm late with payment. Essentially, they blamed me for their system screw up because apparently it doesn't work weekends. Went to the website and paid it right there, I obviously had the money - yet they made no serious attempt to collect it and then marked me as "late" in my final summary.

I find it funny that it just happen to be the final payment that they said they couldn't take, I think they were looking for extra fees or something. Total garbage, wouldn't use in a bind ever again.

May 9, 2017
Unprompted review

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