As you of our customers itвЂ™s great news for you personally. At Satsuma we donвЂ™t have confidence in charges or costs of any type o sort вЂ“ ever. ThatвЂ™s our promise; we shall never charge an individual for repaying all or section of your loan early.
We make an effort to provide a helping hand whenever other people donвЂ™t. Asking you a charge just isn’t something which is sensible to us вЂ“ it merely is not fair.
Focused on your credit report? DonвЂ™t be! Making an repayment that is early mirror adversely in your credit history.
Cut costs with an very early payment
If you currently have a brief term loan with Satsuma then not merely have you got the satisfaction of the cost free loan, you may even be eligible for what exactly is referred to as an вЂearly settlement rebate.вЂ™
Which means that if you choose to spend back your loan early with us you might really qualify for a decrease from the quantity of interest you decided to spend once you took down your loan, this relies on exactly how much you have got compensated thus far and just how long stays regarding the loan term. This might be normal with other providers too.
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 total amount you ought 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 you settle the mortgage instantly. This can be relative to the conditions for the credit rating ( very very Early Settlement) Regulations 2004.