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How can Dot Dot’s brief loans work?

Our brief loans procedure could not be any easier. All our loans are unsecured, which means you don’t have to provide your property or other valuables as safety. There is no have to look for a guarantor either.

Merely choose just how much you wish to borrow and the length of time you need certainly to repay it and there go from. You need to use our loan that is short-term calculator find down exactly how much yours will surely cost before you use.

If you choose to just do it, we will perform credit and affordability checks to ensure that you are able to afford the repayments centered on your credit rating, earnings, and outgoings. Don’t panic – a credit that is less-than-perfect will not immediately rule you away.

Then collect repayments automatically if we say yes, we’ll agree all your loan costs upfront. You can even handle your loan on line through our handy client portal.

It is possible to check out our FAQs or contact our team that is friendly if have actually more concerns.

Is really a loan that is short-term for me personally?

Any choice you make together with your money has to be the right choice for you personally. You can find occasions whenever a short-term loan may not be the option that is best.

Short-term loans normally have greater repayments than long-lasting loans while you’re repaying your debts faster. This may suggest you are going to spend less in interest, but if you want to borrow a greater quantity or distribute the price even more you will need to consider much longer choices.

It is also perhaps perhaps not a smart concept to get a short-term loan to cover down another financial obligation. Dealing with more financial obligation might make your circumstances even even worse. Should you feel as if you’re struggling you may get free advice from National Debtline, StepChange or perhaps the cash guidance Service.

Do I be eligible for a short-term loan?

You want to make quick and simple loans available to as many folks as you possibly can. You can easily make an application for certainly one of our short-term loans if:

  • You are over 18 years old
  • You reside the UK and can provide target details
  • You are presently working
  • You’ve got a legitimate current email address and cell phone quantity
  • You are able to offer bank account and debit card details

Your chances of being qualified depends on your position. We review every application separately to be sure we lend responsibly and provide you with that have a glimpse at this link loan that works for your needs.

Exactly how much could I borrow?

You can easily submit an application for a loan that is short-term of ВЈ200 and ВЈ1,000 with Dot Dot Loans.

If you want a higher amount – for significant house improvements or a marriage, for instance – you are able to submit an application for a long-lasting loan all the way to ВЈ4,000.

Just how do short-term loan repayments work?

We provide payment durations of three, six and nine months on our loans that are short-term on simply how much you borrow.

We are going to gather repayments immediately on an agreed date. This is through Direct Debit and will save you the effort of recalling which will make payments – or the stress of forgetting. You can easily talk with us about getting a different repayment technique if you would choose.

We realize that things change. You might never be charged costs for missed or late repayments but falling behind could impact your credit rating. You won’t be able to make a repayment, for whatever reason, please get in touch as soon as possible if you think.

Our friendly group will talk you during your choices which help put a brand new plan together.

Any kind of costs to be concerned about?

We do not charge any concealed or fees that are extra. Some brief loan companies do, causing you to be with an increase of to cover straight back and less possibility of doing this. We keep things easy.

What is the attention price for a Dot Dot short-term loan?

Our rate of interest is fixed upfront and differs depending on simply how much you borrow. You could see other loan that is short-term providing adjustable interest levels, this means they are able to fall and rise from every month. These could be riskier. Out of pocket while you might be able to afford the initial rate, this cost could go up and leave you.

With our interest that is fixed rate you are going to constantly know precisely where you stand and exactly how much to spending plan.

Make an application for a short-term loan with Dot Dot

Has a crisis left you in a super taut spot financially? Are numerous expenses mounting up at the same time? Whatever your circumstances, our fast and simple loans could function as the answer.

Apply today utilizing our loan that is short-term calculator. Select just how much you need to borrow and exactly how very long you would like to repay, then check out the loan works in your favor. If it can, pick apply now to keep together with your application and complete several personal statistics.

We will return to you at the earliest opportunity, then go on it after that. Simple.