How can Dot Dot’s loans work? You will see an estimate of most your expenses before you use.
Our loans that are short be utilized for similar reasons as pay day loans but include a diminished amount of danger.
They truly are all unsecured, and that means you won’t need to provide your property or other valuables to up back them, as you could along with other loan kinds. You’ll not need certainly to look for a guarantor either. Simply choose simply how much you wish to borrow to check out just how long you’ll need certainly to repay it utilizing our loan calculator.
If every thing appears good, we are going to check always such things as your credit rating, earnings and outgoings to ensure you really can afford the repayments.
From right right here, we are going to agree all of your loan expenses upfront, then gather repayments immediately to help you save hassle. You may want to always always check everything online through our customer that is handy portal.
It really is completely normal to possess concerns with regards to cash. Check out our FAQs or contact our friendly team.
they’ll certainly be pleased to assist.
Do we qualify?
If you’d like money in a crisis, never assume your sole option is just a payday loan that is high-cost. We offer a various type of loan that’s a lot easier to control. It is possible to submit an application for certainly one of our short-term options if:
- You are over 18 years old
- You reside great britain and can give target details
- You have got a task
- You have got a legitimate current email address and phone number that is mobile
- You can easily provide bank debit and account card details
We her latest blog will review the job and provide you with a determination centered on your private situation. We do not expect every person to possess a credit score that is perfect. We merely attempt to provide loans which our clients are able to afford.
Exactly how much could I borrow? Just how can the repayments work?
You can easily make an application for a short-term loan of between Â£200 and Â£1,000 with Dot Dot. This can be a comparable range to most pay day loans.
If you want an increased amount you can easily submit an application for a long-term loan of between Â£1,500 and Â£4,000. Long-lasting loans are useful for tasks such as for example house improvements or weddings. It is possible to spend these relative straight back over 18 to 48 months.
You are going to distribute the price of your Dot Dot short-term loan over three, six and nine months based on just how much you borrow. Thus giving you more space to breathe than typical 30-day pay day loans.
We will gather repayments straight from your own nominated bank-account each thirty days for an agreed date via Direct Debit. If you want to talk about alternate repayment methods, be sure to make contact with us.
The possibility of falling behind on your own repayments is gloomier than with payday advances. Things can certainly 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 cost, but lacking re payments can damage your credit rating. All of us can help you find a method forward and place together a plan that is new.
What are the fees that are extra be concerned about? What is the attention price?
When you have cash concerns the thing that is last want is concealed fees and costs making your circumstances even even even worse. Some British payday loan companies make use of these to bump within the total quantity you repay – nonetheless they’re maybe perhaps maybe not us.
We will never ever charge a fee any additional costs with your loan that is payday alternative and you should understand all of your loan expenses right away.
Our interest is fixed upfront. Having a set interest means the attention you pay will not alter, whereas adjustable interest levels fall and rise from thirty days to month.
Our fixed-rate loans are more straightforward to plan for while the quantity you repay is always equivalent.
Submit an application for our loan alternative that is payday today
Do you have costs that are extra protect before your following payday? Our fast and simple loans might get you away from a spot that is tight placing you under additional stress.
See how much yours may cost with our loan calculator. If every thing appears good, choose ‘apply now’ to fill your application out. We are going to return to you asap to go on it after that. Simple.