What are the benefits and drawbacks of applying with Pounds to Pocket as opposed to Satsuma Loans? Review the chart for information regarding Pounds to Pocket's loans.
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Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.
Representative Example: Amount of credit: £600 for 12 months at £95.37 per month. Total repayment of £1144.44. Interest: £544.44. Interest rate: 140% pa (fixed). 278% APR representative.
|What is the loan duration?||6 - 12 months|
|If approved, how much can customers borrow?||Up to £2,000†|
|If approved, how quickly can I receive the money?||Within 10 minutes after approval§|
|What is the fee for faster funding?||FREE|
|When can I talk to customer service on the phone?||24/7|
At Pounds to Pocket, we offer customisable loans you can borrow for as short as 6 months or all the way up to 12 months. Both new and returning applicants could qualify for as much as £2,000.† First-time Satsuma Loans customers, however, can only receive a maximum of £1,000. As time goes on, their returning customers may eventually qualify for up to £2,000.
The span of time you can borrow is shorter at Satsuma Loans than at Pounds to Pocket. They offer cash advances of 13 weeks, 26 weeks, and 39 weeks while Pounds to Pocket offers 6 to 12 month loans, and you can customise your repayment schedule to suit your budget and financial situation. Make gradual payments, with no pre-payment fees for early payments, over 6 to 12 months.
There are some similarities in these lenders' application and funding processes. Both firms allow you to apply online. If your application is approved, the loan is deposited right into your bank account. A key difference, though, is that Satsuma requires a phone call to finalize the application process, while Pounds to Pocket does not.
Our customer service team is available 24/7 via phone, email or live chat. If you're approved to borrow, the cash is sent within 10 minutes after approval,§ even on weekends.
If a Pounds to Pocket loan sounds right for your financial situation, you can apply today. Simply click the button below to start your application.