Is just a short-term loan right in my situation?
You can find occasions whenever a short-term loan may possibly not be the option that is best.
Short-term loans often have greater repayments than long-lasting loans while you’re repaying your debts faster. This will suggest you are going to spend less in interest, but you might need to look at longer options if you need to borrow a higher amount or spread the cost even further.
Additionally it is 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 even worse. You can get free advice from National Debtline, StepChange or The Money Advice Service if you feel like you’re struggling.
Do we be eligible for a a loan that is short-term?
You want to make quick and effortless loans available to as many folks as you possibly can. It is possible to submit an application for certainly one of our short-term loans if:
- You are over 18 years
- You reside in great britain 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 odds of being qualified depends on your position. We review every application independently to ensure we provide responsibly and provide you with a loan that works for you personally.
Simply how much may I borrow?
You can easily submit an application for a loan that is short-term of ?200 and ?1,000 with Dot Dot Loans.
If you want a greater amount – for significant house improvements or a wedding, for instance – you are able to make an application for a long-lasting loan as high as ?4,000.
Just how do short-term loan repayments work?
You can expect payment durations of three, six and nine months on our loans that are short-term on just 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 to create payments – or the stress of forgetting. You can easily talk with us about getting a various repayment technique if you would choose.
We recognize that things change. You may never be charged charges for installmentloansonline.org hours missed or late repayments but dropping behind could influence your credit rating. If you were to think you will not manage to create a payment, for reasons uknown, please get in contact at the earliest opportunity.
Our friendly group will talk you using your choices which help place a brand new plan together.
Any kind of charges to be concerned about?
We do not charge any concealed or extra charges. Some quick loan companies do, causing you to be with increased to pay for straight back and less possibility of doing this. We keep things easy.
What is the attention price on a Dot Dot short-term loan?
Our interest is fixed upfront and differs depending on exactly how much you borrow. You could see other short-term loan lenders providing adjustable interest levels, this means they may be able 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 this interest that is fixed rate you will constantly understand precisely for which you stay and just how much to spending plan.
Submit an application for a short-term loan with Dot Dot
Has a crisis left you in a taut spot financially? Are numerous expenses mounting up at the same time? Whatever your circumstances, our fast and loans that are easy function as solution.
Apply today utilizing our loan that is short-term calculator. Select exactly how much you need to long borrow and how you would like to repay, then look at the loan works for you personally. If it can, choose apply now to carry on along with your application and fill in a couple of details that are personal.
We will return to you as quickly as possible, then go on it after that. Simple.