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 isn’t a broker and then we’re maybe maybe not a middleman. Connect with us and we also’ll function as the people that are only handle. And there are yet more reasons to turn to us when you are trying to find a bad credit loan:
- We are reasonable: No penalty costs and no included interest. You are going to just ever pay off the total amount we agree from the beginning. All things considered, no body likes nasty shocks
- We are versatile: brief or term that is long you are able to opt for a payment period you like – from 3 to 48 months
- We are friendly: We are constantly very happy to assist if you wish to e mail us, our UK-based customer support group are really easy to get your hands on with any questions you may possibly have
- We are fast: often, you merely can not manage to loaf around. Our fast loans for a credit that is bad might be to you in one hour to be authorized
- We are completely controlled: We are completely managed by the Financial Conduct Authority (FCA) – and now we just provide credit that is bad to clients who is able to realistically afford them
We are pleased with that which we do, and we also’re focused on assisting all our clients. But why simply take our term because of it? Realise why we are ranked ‘Excellent’ according to our separate Trustpilot reviews.
Which are the advantages of loans for bad credit?
Are you experiencing a less-than-perfect credit score? Financing for bad credit from direct loan providers like Dot Dot Loans could be the ideal option. Here is why:
- Easy and quick: From a straightforward online application to getting a preliminary decision right away, our quick loans for bad credit are a genuine assistance – not minimum if the cash’s required in an urgent situation.
- Dealing with you as a person: we are going to never ever determine a credit card applicatoin in your credit history alone. We have a look at your own circumstances, including earnings or profits, to ensure that loan is suitable for you.
Exactly what are the potential drawbacks?
As with any kinds of credit, you can find dangers to be familiar with whenever trying to get bad credit loans from direct loan providers or agents. The two things that are big look out for are:
- Greater prices: Loans for those who have a bad credit rating usually have greater interest levels. The larger the attention rate, the bigger the general price of borrowing will likely to be.
- Payment concerns: sticking with your instalments is a must. By lacking a repayment, you might do further problems for your credit score. But we could assist in the event that you’re concerned about falling behind or lacking a repayment. Speak to us to see just what your alternatives 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 you have no past reputation for utilizing credit after all. A few of the known reasons for having bad credit are:
- Building a payment later (or not making one after all)
- Trying to get credit way too many times in a little while
- Getting a specific voluntary arrangement (IVA) or becoming made bankrupt
- Being a new adult without any past personal credit record
- Going towards the British – you cannot bring a credit score from offshore
Also things you may perhaps not consider can harm your credit rating. You might never be registered to vote or there might be errors in your file. But this does not suggest you are stuck. Dot Dot Loans has arrived to acquire that loan with a bad credit rating – regardless of if other direct loan providers are saying “no”.