We understand from time to time you may need to borrow a large amount of money, whether it's to cover an unexpected bill, decorate your house or buy a new car. Whatever the reason for needing a £1500 loan, we could help you out.
Our £1500 loan has an 18 month repayment period, use our loan calculator to see a full breakdown of the cost of the loan.
To apply for a £1500 loan, start off by completing our online application form. If you've been initially approved, one of our agents will be in touch to discuss the next steps. After they have been in contact with you, we will aim to provide a final decision on your loan the next working day.
If you have a less than perfect credit history don't be put off from applying, we consider a range of factors when assessing people for a loan.
The repayment amounts, and due dates will be clearly displayed before you commit to the loan. Repayments will be taken on the date agreed during your application and you'll never pay more than what's agreed at this stage.
To be eligible for a £1500 loan you need to be:
During the application you will also need:
If you get stuck or want to ask a quick question, just get in touch with us.
We take our responsibilities as a lender very seriously; we try to make sure we only provide loans to customers who can afford them. This is why we run affordability and credit checks on every application.
We will firstly carry out what's known as a 'soft' credit search to give you an initial decision on your application, which won't leave a footprint on your credit file for other lenders to see. A 'hard' search will only be done if we make a loan offer to you and you accept it. This will be seen by other lenders on your credit file.
From start to finish we will be open and honest with you. The total cost of your loan will be displayed upfront, and as we don't charge any late or missed payment fees, your loan will never cost any more than this.
What repayment periods are available with a £1500 loan?
|Customers can borrow £1500 over an 18 month period.|
How much do I have to pay back a month?
|Your monthly repayment varies depending on the loan you choose, but the monthly payment on a £1500 loan borrowed over 18 months is £138.31.|
What is the interest rate on a £1500 loan?
|The interest rate is fixed & depends on the loan you choose. The interest rate on an 18 month, £1500 loan is 65.97%.|
Can I get a £1500 loan with a bad credit history?
|You don’t need a perfect credit history to be approved for a £1500 loan from Dot Dot Loans as we consider a range of factors before making our decision. You can find out about our loans for bad credit here.|
Borrow £300 over 6 months with monthly repayment of £92.97. Total amount payable £557.82. Interest rate 237% p.a. (fixed). 757.7% APR Representative.
Borrow £2500 over 24 months with monthly repayment of £198.68. Total amount payable £4768.25. Interest rate 71.1% p.a. (fixed). 99.9% APR Representative.