How can Dot Dot’s loans work?

Our brief loans can be applied for similar reasons as pay day loans but include a reduced amount of danger.

They’re all unsecured, therefore you don’t have to provide your property or any other valuables to straight back them up, as you could along with other loan kinds. You may not have to find a guarantor either. Merely choose simply how much you intend to borrow and find out just how long you’ll need to repay it utilizing our loan calculator.

You will see an estimate of most your expenses before you use. If every thing appears good, we will always check things such as your credit rating, earnings and outgoings to be sure you really can afford the repayments.

From right right right here, we will concur your entire loan expenses upfront, collect repayments automatically then to help you save hassle. You can even always check everything online through our customer that is handy portal.

It is completely normal to own concerns in terms of cash. Visit our FAQs or contact our friendly group. They will be very happy to assist.

Do we qualify?

If you want money in a crisis, do not assume your sole option is really a payday loan that is high-cost. We provide a kind that is different of that’s less difficult to control. You are able to make an application for certainly one of our alternatives that are short-term:

  • You are over 18 years old
  • You reside great britain and can provide target details
  • A job is had by you
  • You have got a valid current email address and phone number that is mobile
  • You are able to provide bank account and debit card details

We are going to review the application and provide you with a determination according to your individual situation. We do not expect every person to own a great credit history. We merely try to provide loans which our clients are able.

Simply how much may I borrow?

You’ll submit an application for a loan that is short-term of ВЈ200 and ВЈ1,000 with Dot Dot. This is certainly a similar range to most pay day loans.

You can apply for a long-term loan of between ВЈ1,500 and ВЈ4,000 if you need a higher amount. Long-lasting loans are usually employed for tasks such as for example house improvements or weddings. It is possible to spend these straight straight back over 18 to 48 months.

How can the repayments work?

You will distribute the expense of your Dot Dot loan that is short-term three, six and nine months dependent on simply how much you borrow. This provides you more space to inhale than typical 30-day pay day loans.

We will gather repayments straight from your own bank that is nominated account thirty days for an agreed date via Direct Debit. If you wish to talk about alternate repayment methods, be sure to speak to us.

The possibility of falling behind in your repayments is leaner than with payday advances. Things can still alter, but us know as early as possible if you don’t think you’ll be able to pay an instalment as planned it’s best to let.

We will never ever ask you for a belated repayment charge, but missing re re re payments can damage your credit rating. All of us will allow you to find a method forward and place together a plan that is new.

Any kind of extra costs to be concerned about?

When you have cash worries the thing that is last want is concealed fees and costs making your situation even even even worse. Some British payday loan loan providers make use of these to bump within the total quantity you repay – however they’re maybe maybe maybe not us.

We are going to never ever ask you for any additional costs with your cash advance alternative, and you will understand all your valuable loan expenses from the beginning.

What is the attention price?

Our rate of interest is fixed upfront. Having a hard and fast rate of interest means the attention you spend will not alter, whereas adjustable interest levels fall and rise from to thirty days month.

Our fixed-rate loans are simpler to plan for because the quantity you repay will always be the exact same.

Submit an application for our cash advance alternative today

Do you have costs that are extra protect before your following payday? Our fast and simple loans could easily get you away from a tight spot without placing you under additional force.

Observe how much yours might cost with your loan calculator. If every thing appears good, choose ‘apply now’ to fill your application out. We are going to return to you at the earliest opportunity to go on it after that. Simple.