Why choose Dot Dot Loans?
This doesn’t necessarily mean you can’t get a loan with a bad credit history – or find a direct lender that’s looking out for you if a high street bank has turned you down in the past.
Dot Dot Loans is certainly not an agent so we’re maybe not really a middleman. Connect with us so we’ll function as only individuals you cope with. And there are yet more reasons to turn to us if you are hunting for a bad credit loan:
- We are reasonable: No penalty costs and no included interest. You will just ever pay off the total amount we agree from the beginning. Most likely, nobody likes surprises that are nasty
- We are versatile: brief or term that is long you are able to go with a payment period that best suits you – from 3 to 48 months
- We are friendly: We are constantly pleased to assist us, our UK-based customer service team are easy to get hold of with any queries you may have if you need to contact
- We are fast: often, you simply can not manage to loaf around. Our fast loans for a credit that is bad might be with you in one hour to be authorized
- We are completely managed: We are completely managed because of the Financial Conduct Authority (FCA) – so we just provide bad credit loans to clients who are able to realistically afford them
We are happy with that which we do, therefore we’re aimed at assisting all our clients. But why simply take our word because of it? Realise why we are ranked ‘Excellent’ according to our separate Trustpilot reviews.
Do you know the great things about loans for bad credit?
Have you got a credit history that is less-than-perfect? That loan for bad credit from direct loan providers like Dot Dot Loans could be the ideal option. Listed here is why:
- Easy and quick: From a simple application that is online getting a preliminary decision right away, our fast loans for bad credit are a real help – perhaps perhaps not minimum if the cash’s required in a crisis.
- Dealing with you as a person: we are going to never determine a software in your credit history alone. We have a look at your own personal circumstances, including earnings or profits, to be sure that loan is suitable for you.
Exactly what are the possible drawbacks?
As with any kinds of credit, you can find dangers to be familiar with whenever obtaining bad credit loans from direct loan providers or agents. The two big what to look out for are:
- Greater prices: Loans if you have a credit that is bad frequently have greater rates of interest. The greater the attention price, the higher the overall price of borrowing is supposed to be.
- Repayment concerns: following your instalments is vital. By lacking a repayment, you might do further injury to your credit rating. But we are able to assist in the event that you’re focused on falling behind or lacking a repayment. Speak to us to see just what your choices are.
Why might we have вЂ›bad credit’?
Bad credit could be the unofficial term for having a credit history that is less-than-spotless. It might additionally be which you don’t have any reputation for utilizing credit at all. A few of the known reasons for having bad credit are:
- Building a payment later (or not making one at all)
- Trying to get credit a lot of times in a period that is short
- Getting a voluntary that is individual (IVA) or becoming made bankrupt
- Being a young adult without any past credit score
- Going towards the British – you cannot bring a credit score from offshore
Even things you might perhaps perhaps not think of can harm your credit rating. You might never be registered to vote or there could be errors in your file. But it doesn’t suggest you are stuck. Dot Dot Loans is here now to obtain that loan by having a bad credit score – regardless if other direct loan providers are saying «no».