Satsuma Loans

[2] Satsuma used to lend up to £1,000 to first time customers which could be borrowed over a 12-month period, incurring an interest charge of £990 on a £1,000 loan.

[5] The Satsuma brand was launched by Provident Personal Credit in 2013.

[6] Between 2014 and 2016 Satsuma Loans sponsored RFU Championship side Yorkshire Carnegie in a deal worth £600,000.

[7] In 2016 it was announced that Satsuma Loans would become an official partner of Sunderland A.F.C.

This prompted Sharon Hodgson, the MP for Washington and Sunderland West, to write to the club warning that associating themselves with a high-interest lender would undermine their positive community engagement work.