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Loans

Doorstep Loans

If you need money to cover a small unexpected or emergency cost, doorstep loans are one option for securing cash fast. But they come with potential downsides too, so it’s smart to research the ins, outs, and alternatives to doorstep loans before you commit to borrowing.

Our online loans of £100 to £1,000 can help you out of the same kinds of situations, without taking on the same kinds of risks. Plus, you can still apply, hear back and receive your loan all from the comfort of your own home. And if you’re searching for doorstep loans for bad credit, it’s good to know we’ll look at more than just your credit rating.

Below, find out how UK doorstep loans in the UK work, things to be wary of, and how we could offer you a better option when you need a little extra.

What are doorstep loans?

A doorstep loan, like the name suggests, is a type of loan that’s typically delivered in cash to your doorstep. You’ll make regular repayments with interest on top, like you would with other personal loans, except someone working for the lender will visit your home to collect them in person. This is why they’re also called home collection or home credit loans.

Personal doorstep loans are usually relatively small amounts of a few hundred pounds, repaid over a short term of any period less than a year. They come in a few different types:

  • Pay weekly doorstep loans come with weekly repayments.
  • Pay monthly doorstep loans come with monthly repayments.
  • Payday doorstep loans are repaid in full on your next payday.

Whatever the case, you’ll agree the terms with the agent who visits you and may even sign the paperwork there and then if both sides are happy.

What are the downsides of doorstep loans in the UK?

Same day doorstep loans can be a quick and convenient option, and you might not even need a bank account if you’re borrowing cash. But there are potential drawbacks to be aware of.

Doorstep cash loans are usually limited to smaller amounts, and most come with high rates of interest, so you’ll be paying a lot to borrow a little. You could struggle to cover larger unexpected costs, like a boiler breakdown, with a quick doorstep loan. But perhaps the biggest issue is how you might feel knowing someone will visit your home.

Firstly, all doorstep loan direct lenders in the UK should be authorised by the Financial Conduct Authority (FCA). The individual you deal with should be able to show you their company’s authorisation; if they don’t have this evidence, they could be working illegally, and you’d be wise to turn them away.

Secondly, even if you know a lender is authorised, you could feel uncomfortable with the idea of someone coming to your home to collect repayments – especially if you start struggling. Thankfully, there are alternatives.

Alternatives to doorstep loans

Regular short-term personal loans can help you cover the same kinds of costs as short-term doorstep loans when you’re short on cash. You can apply on the high street or with an online lender like us.

If you choose the latter option, the whole process is still done from the comfort of your own home. The key difference is you won’t have to deal with a stranger in your home, either when agreeing the loan or making repayments. You can apply to borrow the money you need without an appointment, all from your laptop, computer, or smartphone. You can even set up automatic payments on an agreed date each month, if you’re approved.

How do Dot Dot’s doorstep loan alternatives work?

We offer online loans from £100 to £1,000, with repayment terms of 3–9 months, depending on how much you borrow. Use our short-term loan calculator to see what terms are available on your ideal loan amount.

Short term loan

Representative Example

Borrow £250 over 3 months with monthly repayment of £133.65 Total amount payable £400.95. Interest rate 284.76% p.a. (fixed). 1228.67% APR Representative.

Once you’re happy with how it all looks, you can go ahead and apply online in minutes. If we approve your application, you could get the money you need on the same day, subject to affordability.

After that, we’ll collect your repayments automatically via Direct Debit. They’ll be the same size each month: we charge fixed interest, not variable, so you’ll know exactly what to budget for.

It’s good to know we never charge late payment fees, either. Still, bear in mind that missing payments will hurt your credit score and make it harder to get credit again in the future.

If you’re ever worried about falling behind on your repayments, get in touch as soon as possible to see how we can help. Our friendly team will chat to you over the phone, so you don’t need to worry about someone you don’t know turning up on your doorstep.

Do I qualify for an alternative to a doorstep loan today?

You can apply for one of our online loans as long as:

  • You’re aged 18+
  • You have a UK address
  • You’re currently working or receiving benefits
  • You have a valid email address and mobile phone number
  • You have a bank account and debit card details

What if I have bad credit?

Looking for bad credit doorstep loans?

We’re a committed responsible lender. As part of this, we carry out credit and affordability checks on everyone who applies. They help us judge whether you can afford loan repayments on top of your regular outgoings. That’s not to say having bad credit will automatically rule you out, though. We’ll look at your finances as a whole before making our decision.

Why choose Dot Dot??

Whether you’re comparing high street, online or doorstep loan lenders in the UK, it’s important to pick a name you can trust. Here are six good reasons to choose Dot Dot when you need cash for emergencies or unexpected extras.

  • Flexible: Borrow from £100 to £1,000 and pay it back in manageable instalments over 3–9 months.
  • Easy: Apply online in minutes, with no appointment needed and no-one visiting your home. If we say yes, you could get your loan the same day, subject to affordability.
  • Clear: You’ll know all the costs of your loan upfront and won’t ever pay back any more than we’ve agreed . Your repayments will be the same every month too, so they’re easy to budget for.
  • Responsible: As an authorised responsible lender, we’ll do checks to help make sure you can afford your loan. We’ll explain everything in plain English too, so you’re never left feeling confused.
  • Friendly: Our UK-based customer service team are here to help whenever you have a question. No unwanted doorstep visits!
  • Trusted: Why just take our word for it? Thousands of customers have rated us ‘Excellent’ on the independent review website Trustpilot.

Apply for a doorstep loan alternative today

Doorstep loans are just one option when you need extra cash, and they might not be the best. If you think our online loans and convenient, friendly service might suit you better, use our short-term loan calculator to get started.

See what your monthly repayments and overall loan cost could be, then move on to our short online application form when you’re ready. We’ll give you a quick initial decision; we fund approved loans every hour, 24/7.

We know you’re more than a credit score too, so we still offer loans for poor credit in some cases. Before you apply, it’s important to think carefully about why you need a loan, how much you need to borrow and how you’ll afford it.

Got a question? Check our FAQs or contact our friendly UK team.

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Representative 1228.67% APR

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Short-term loans: 1228.67% APR Representative