Is really a loan that is short-term 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 as you’re repaying your debts faster. This might 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 maybe perhaps maybe not a smart concept to obtain a short-term loan to cover another debt off. Dealing with more financial obligation will make your circumstances even worse. Should you believe as you’re struggling you could get free advice from National Debtline, StepChange or perhaps the cash guidance Service.
Do we be eligible for a short-term loan?
You want to make quick and loans that are easy to as many folks as you can. It is possible to submit an application for certainly one of our short-term loans if:
- You are over 18 years old
- You reside great britain and can provide target details
- You are presently working
- You have got a legitimate current email address and phone number that is mobile
- You are able to offer bank account and debit card details
Your likelihood of being qualified depends on your position. We review every application separately to ensure we provide responsibly and provide you with that loan that really works for you personally.
Exactly how much may I borrow?
It is possible to make an application for a loan that is short-term of ?200 and ?1,000 with Dot Dot Loans.
If you’d like a greater amount – for significant house improvements or a marriage, for instance – you can easily make an application for a long-term loan as high as ?4,000.
How can short-term loan repayments work?
You can expect payment periods of three, six and nine months on our loans that are short-term on just how much you borrow.
We will gather repayments immediately for an agreed date. This is through Direct Debit and will save you the effort of recalling to help make payments – or even the stress of forgetting. It is possible to talk with us about arranging a payment that is different if you would choose.
We realize that things change. You may never be charged charges for missed or late repayments but dropping behind could impact your credit history. If you were to think you will not manage to produce a repayment, for reasons uknown, please get in contact as quickly as possible.
Our friendly group will talk you throughout your choices which help place a brand new plan together.
Any kind of costs to concern yourself with?
We do not charge any concealed or fees that are extra. Some loan that is short do, causing you to be with an increase of to cover right back and less possibility of performing this. We keep things easy.
What is the attention price on a Dot Dot short-term loan?
Our rate of interest is fixed upfront and differs depending on exactly how much you borrow. You may possibly see other short-term loan loan providers providing adjustable rates of interest, this means they are able to fall and rise from every month. These can be riskier. Even if you have the ability to spend the money for initial price, this price could rise installmentloansgroup.com review and then leave you away from pocket.
With this interest that is fixed rate you will constantly know precisely in which you stay 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 spot that is tight? Are multiple expenses mounting up simultaneously? Whatever your position, our fast and loans that are easy end up being the solution.
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 it, then look at the loan works in your favor. If it will, choose apply now to keep together with your application and fill in a couple of personal stats.
We will return to you as quickly as possible, then go on it after that. Simple.