A £500 loan from Dot Dot Loans is all about simplicity. It's easy and straightforward to apply online, and you could get an initial decision in minutes.
Our loan calculator will show you your options for different loan amounts and repayment periods as well as the total cost of the loan. There are no hidden charges or fees so you can see everything upfront before you apply.
Customers have the option of paying a £500 loan back over 6 months.
A £500 loan could be useful in those situations that really disrupt everyday life - like a broken boiler or unreliable washing machine.
A Dot Dot loan could help you get back on track when you need a bit of help.
As with all our loans our £500 loan is simple and straightforward.
You can apply for a £500 loan online and if you are accepted the money will be deposited into your nominated bank account.
We'll agree the repayment amount and date it's due to be taken up front so you know what to expect. Repayments are then taken monthly on the agreed date from your bank account.
When you apply you will need a valid email address, mobile number, home address information for the last 3 years and your bank account and debit card information.
If you need any help when applying, a member of the team will be more than happy to give you a hand via email, or over the phone.
At Dot Dot Loans we take our responsibilities as a lender very seriously. We make sure to only provide credit to customers who can afford it, and to be clear and open at all times.
To help us do this, we always carry out credit and affordability checks on all our applicants. Our aim is to help, not cause you further difficulties.
Our initial credit check will be a 'soft' one, this means it won't leave a mark on your credit file. So, if your application isn't successful this won't be visible to lenders. We will only carry out a 'hard' search if we initially approve you for a loan and you accept our loan offer, this kind of search will be visible to other lenders on your credit file.
Transparency is a very important part of responsible lending. We always make it clear what our loans will cost, and what your repayments will be. When you choose the £500 loan option, you'll see all the information clearly displayed.
All charges and interest are shown upfront, and your loan will never cost more than this. We also don't charge late payment fees.
Take a look at our loan calculator to find out more about our loans.
What repayment periods are available with a £500 loan?
|The repayment period for a £500 loan is 6 months.|
How much do I have to pay back a month?
|The monthly repayment for a 6 month, £500 loan is £154.95.|
What is the interest rate on a £500 loan?
|The interest rate is fixed up front and is 85.94% for a 6 month, £500 loan.|
Can I get a £500 loan with a bad credit history?
|You don't need a perfect credit history to be approved for a £500 loan. As part of our decision process we conduct credit and affordability checks to make sure the loan is right for you. 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.