Is just a short-term loan right for me?
You will find occasions whenever a short-term loan may possibly not be the smartest choice.
Short-term loans normally have greater repayments than long-lasting loans while you’re repaying your debts faster. This might suggest you will spend less in interest, but if you want to borrow a greater quantity or distribute the price even more you will need to check out much longer choices.
Additionally it is perhaps maybe not a smart concept to get a short-term loan to cover down another financial obligation. Dealing with more financial obligation will make your circumstances even installment loans even worse. You can get free advice from National Debtline, StepChange or The Money Advice Service if you feel like you’re struggling.
Do I be eligible for a loan that is short-term?
You want to make quick and simple loans available to as many individuals as feasible. It is possible to make an application for certainly one of our loans that are short-term:
- You are over 18 years old
- You reside in great britain and can provide target details
- You are currently working
- You’ve got a legitimate email and cellular phone number
- You can easily offer bank debit and account card details
Your odds of being qualified is determined by your circumstances. We review every application separately to be sure we provide responsibly and provide you with a loan that works well for you.
Just how much could I borrow?
You’ll make an application for a short-term loan of between ?200 and ?1,000 with Dot Dot Loans.
You can apply for a long-term loan of up to ?4,000 if you need a higher amount – for significant home improvements or a wedding, for example.
Just how do short-term loan repayments work?
We provide payment durations of three, six and nine months on our short-term loans based on exactly how much you borrow.
We will gather repayments immediately on an agreed date. This is through Direct Debit and will save you the trouble of recalling in order to make payments – or perhaps the stress of forgetting. You can easily talk with us about getting a various repayment technique if you would choose.
We realize that things change. You might never be charged costs for missed or payments that are late dropping behind could influence 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 using your options which help place a plan that is new.
What are the charges to be concerned about?
We do not charge any concealed or extra costs. Some quick loan loan providers do, causing you to be with increased to pay for as well as less possibility of doing this. We keep things easy.
What is the attention rate for a Dot Dot loan that is short-term?
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, which means that 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 our fixed rate of interest, you will constantly know precisely for which you stay and exactly how much to spending plan.
Make an application for a loan that is short-term Dot Dot
Has an urgent situation left you in a tight spot economically? Are numerous expenses mounting up at a time? Whatever your circumstances, our fast and easy loans could end up being the response.
Apply today utilizing our short-term loan calculator. Select just how much you need to long borrow and how you may like to repay it, then check out the loan works for you. If it can, pick apply now to carry on together with your application and fill in several details that are personal.
We will make contact with you as quickly as possible, then go on it after that. Simple.