Just how can Dot Dot’s loans work?
Our loans that are short be utilized for similar reasons as payday advances but include a diminished amount of danger.
They may be all unsecured, therefore you don’t have to provide your house or other valuables to up back them, as you may along with other loan kinds. You will not need certainly to locate a guarantor either. Merely choose exactly how much you need to borrow to see the length of time you’ll need to repay it making use of our loan calculator.
You will see an estimate of most your expenses before you use. If every thing appears good, we are going to always check things such as your credit rating, earnings and outgoings to ensure you’ll pay for the repayments.
From right here, we are going to concur your entire loan expenses upfront, collect repayments automatically then to help you save hassle. You may want to always check everything online through our customer that is handy portal.
It is completely normal to own concerns in terms of cash. Check out our FAQs or contact our friendly group. They will be pleased to assist.
Do we qualify?
If you want money in a crisis, do not assume your only choice is really a high-cost cash advance. You can expect a various sorts of loan 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
- You live in great britain and can provide target details
- A job is had by you
- You have got a legitimate email and phone number that is mobile
- It is possible to provide bank account and debit card details
We are going to review the application and provide you with a choice centered on your own personal situation. We do not expect everyone else to possess a credit score that is perfect. We merely attempt to provide loans which our clients are able to afford.
Exactly how much may I borrow?
It is possible to make an application for a loan that is short-term of ВЈ200 and ВЈ1,000 with Dot Dot. This might be a range that is similar 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 generally employed for jobs such as house improvements or weddings. You are able to pay these straight straight back over 18 to 48 months.
Just how can the repayments work?
You will distribute the price of your Dot Dot short-term loan over three, six and nine months based on simply how much you borrow. This provides you more space to inhale than typical payday that is 30-day.
We are going to gather repayments straight from your own nominated banking account each thirty days on an agreed date via Direct Debit. If you want to talk about payment that is alternative, please make contact with us.
The possibility of falling behind on the repayments is leaner 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 are going to never ever charge a fee a belated repayment fee, 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 concern yourself with?
When you experience cash worries the final thing you want is concealed costs and charges making your circumstances even even worse. Some British payday loan loan providers make use of these to bump up the total quantity you repay – however they’re not us.
We will never ever ask you for any additional costs with this loan that is payday alternative and you will understand all of your loan expenses right away.
What exactly is the attention price?
Our rate of interest is fixed upfront. Having a fixed 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 better to cover whilst the quantity you repay is always exactly the same.
Submit an application for our loan alternative that is payday today
Are you experiencing additional expenses to protect before the next payday? Our easy and quick loans might get you away from a tight spot without placing you under additional stress.
Observe how much yours may sites like money mart loans cost with your loan calculator. If every thing appears good, choose ‘apply now’ to fill your application out. We are going to make contact with you at the earliest opportunity to go on it after that. Simple.