Car loans

A car loan involves borrowing money from a lender to help finance a new vehicle or to cover any repair bills that have cropped up. It works much the same as any other loan in that you'll borrow a certain amount before repaying over an agreed period with interest added.

We have short-term loans available, so you have options when you come to decide which is most suitable for your needs.

Sometimes, it can be difficult to secure a loan via a conventional lender such as a high street bank. With Dot Dot Loans, the application process is simple. You can apply online in a matter of minutes and find out if you've been approved soon afterwards. It's as easy as that.

The amount you borrow is likely to vary depending on what you need the funds for. You may want to buy a new vehicle. Alternatively, you might need a car repair loan to cover any hefty maintenance bills. We have two types of car loans available and you may find that one suits your needs more than the other:

Short-term car loans

Our short-term car loans allow you to borrow £100 to £1,000 repayable over three, six or nine months. With the average cost of repairs rising, this form of funding can prove the perfect solution to that problem. If you've suddenly been hit by expensive maintenance fees, one of our short-term car repair loans can help you cover the costs and get you back on the road.

When you're seeking help with your finances, you need to make sure you choose the right lender. We aim to make car loans as easy as possible so that you can apply for funds in a stress-free fashion. Here are just some of the reasons to choose Dot Dot Loans:

• Quick: You can apply for a car loan in just a few minutes. If you're approved, you could receive the money that same day
• Flexible: Your repayment terms will span three to nine months, depending on the amount you borrow
• Honest: The cost of your car loan will be agreed upfront with no nasty surprises
• Responsible: Here at Dot Dot, we aim to practise responsible lending. This means that we will always conduct an affordability check as part of your loan application, which not only helps us but benefits you as it provides reassurance that you will be able to manage your loan.
• Recommended: We're proud to boast a rating of 'excellent' from hundreds of customer reviews on Trustpilot

We're owned by Morses Club Limited, who have more than 130 years' experience as one of the UK's leading finance companies. We're a direct provider of car loans, so you don't have to worry about dealing with any third parties.

Our loans are easy to sort out. They're an unsecured type of funding, so you won't have to offer your property or other assets as security. You can work out the cost of your payments by using our short-term loan calculator.

Short-term car loans

• You can borrow between £100 and £1,000
• Your repayment term will be three, six or nine months, depending on how much you borrow

Our calculator will tell you the total cost of your loan. If you want to proceed, we'll carry out credit and affordability checks. These will assess your salary and credit history. Don't worry if your credit score is less than perfect - bad credit car loans are an option with Dot Dot Loans.

If you are approved, the cost of your loan will be agreed upfront. We'll start to take repayments automatically and you can keep track through the customer portal.

If you have any questions about applying for car loans or car repair loans, don't worry. Please feel free to contact us or visit our FAQ section. We'll be happy to help.

Before you apply for a car loan, you might want to ask yourself these questions:

• Are you borrowing for the right reasons?
• How much do you need?
• Can you afford the repayments?
• Do you understand the interest rates and the terms and conditions?

If you would like some free, impartial advice before you consider applying for a car loan, here are a few places you can go to:

• MoneyHelper
• StepChange
• National Debtline

The latest survey by the FCA revealed that 4.5 million UK adults had been turned down for a loan over a two-year period. We want our loans to be accessible to as many people as possible. You can apply if:

• You're over 18
• You live in the UK and can provide an address
• You have a job
• You can give us a phone number and email address
• You can give us your bank and debit card details

We carefully assess every application and we only lend responsibly. Your salary and credit history will both be taken into account before a decision is made.

We appreciate that not everyone's credit score is as good as they'd like it to be. But if your score is less than ideal, there's no need to worry - we want to help as many people as possible. As part of our promise to only lend responsibly, we'll assess your credit score and even if it's not perfect, you could still be eligible for a bad credit car loan.

We offer short-term car loans of £100 to £1,000 repayable over three, six or nine months.

The size of your car loan will determine your repayment schedule. A short-term car repair loan of £100 will be paid back over three months.

We'll collect the repayments automatically. These will be taken on a pre-agreed date via Direct Debit. This way, there won't be any delayed or missed instalments.

There are no charges for delayed or missed payments on our car loans and car repair loans. However, if you think you might struggle to make an instalment then please contact us to let us know. We'll try and figure it out together.

All our car loans come with no hidden or extra fees attached. We like to make everything clear from the very beginning.

The interest will vary depending on how much you borrow. You can use the calculator to work out exactly what your repayments will be, including interest. That way, there are no nasty surprises.

Some lenders do offer variable interest rates. This means your repayments can change from one month to the next. If your interest rate went up, you could find it difficult to afford the instalment that month. Our car loans have fixed interest rates, so you'll always know how much you're repaying.