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Same Day Loans For Bad Credit

Do you have an urgent cost to cover? Whether it's a broken-down boiler or an emergency medical bill, sometimes you can't afford to wait around. You also might not have savings available to dip into. Subject to affordability, our simple same day loans can help you tackle your priorities and get life back on track.

You can apply online for between £100 and £5,000 with no guarantor or security. If approved, we'll transfer your loan the same day. We look at more than just your credit history too, so you could still get a same day loan with bad credit.

Read on to learn the ins and outs of same day cash loans, and how to apply with Dot Dot Loans.

What are same day loans?

We're talking about any loan you could have in your bank account the same day as your application is approved. They usually come with a simple online application process, a quick response from the lender, and a speedy payout shortly after.

Same day loans are designed to help you cover unexpected costs that simply can't wait. This typically makes them a short-term finance option, allowing you to borrow a small amount of money to fix a temporary problem and pay back what you owe in a few weeks or months.

However, we also provide same-day funding on all approved long-term loans, giving you both speed and flexibility (subject to affordability).

What can same day cash loans be used for?

If disaster strikes or unexpected costs mount up, sometimes it's not as easy as dipping into your savings.

Online loans with same day funding can help you with costs that need paying as quickly as possible. That could include:

  • Home maintenance bills, like boiler or washing machine repairs
  • Vehicle repair costs or MOTs
  • Medical or vet bills

Life is unpredictable – but knowing you can get a loan the same day could be enough to ease the pressure.

What are the benefits of same day online loans?

You won't have to go through a complicated application process or wait weeks for an answer like you might with other types of personal finance. Same day loan lenders for bad credit like Dot Dot Loans will give you a quick decision and transfer your loan soon after, subject to affordability.

Applying online also means you don't have to travel to a bank or store. You can use your laptop, computer, or smartphone to apply in minutes then get on with your day.

Most same day cash loans are available without a guarantor or security, too. And because they're usually smaller loans, you may find it easier to get approved if you have a poor credit score. Our quick loans for bad credit with same day payout can help you out even if you have an imperfect credit score.

What are the different types of same day online loans?

Two common sources of same day cash are payday loans and instalment loans. Both can be used for the same reasons, but there are key differences in how they work.

Payday loans are designed to make ends meet until your next paycheque. You'll then need to repay everything in one go. They may come with high interest rates and costly late payment fees, so could end up causing more problems than they solve.

An instalment loan might be a more manageable alternative. This way you'll spread the cost of your borrowing in lower monthly instalments. We offer simple short and longer-term same day loans with no nasty late payment fees, subject to affordability.

What are guaranteed same day loans?

You might come across some lenders offering guaranteed same day cash loans, which suggests that they guarantee approval of your application. They may even promise guaranteed same day loans for bad credit with no guarantor. But these claims may be too good to be true.

All lenders authorised by the Financial Conduct Authority (FCA) should offer loans in a way that is fair and responsible. That means carrying out affordability checks to protect you from taking on debt you might not be able to afford.

While responsible lenders can promise they'll transfer your loan the same day if they approve your application, they cannot guarantee approval.

How do our same day loans work?

You can get a loan the same day from Dot Dot Loans with minimum hassle. Simply use our short-term loan calculator or long-term loan calculator to choose how much you want to borrow, see what repayment terms are available, and check your total cost before you apply.

We offer same day cash from £100 to £5,000, repayable over 3-48 months depending on the amount you borrow. You can apply in minutes and get a quick decision when you need it most.

As a responsible lender, we'll carry out credit and affordability checks to help us offer a loan we're confident you can afford. We can offer same day loans for bad credit to UK residents in some circumstances, subject to affordability.

If approved, you could have your loan in your bank account the same day. We fund approved loans every hour, 24/7. We'll then collect your repayments automatically.

Why choose Dot Dot Loans as your same day loan lender?

We make things quick, easy and straightforward. We're a same day loan for bad credit direct lender too, so you'll always know who you're dealing with. Here are six reasons to feel confident in applying for one of our same day online loans:

  • Quick: Apply in minutes, get a quick decision, receive your loan the same day (subject to affordability).
  • Honest: The amount you agree upfront is the amount you'll repay.
  • Flexible: Borrow between £100 and £5,000 and spread the cost over 3-48 months depending on how much you borrow.
  • Responsible: Here at Dot Dot, we aim to practise responsible lending. This means 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.
  • Friendly: Our UK-based customer services team are happy to help.
  • Recommended: Our customers rate us 'excellent' on the independent review site Trustpilot.

Is a same day loan right for me

Taking out a same day cash loan online with bad credit isn't always the best option. Think carefully about how much you're applying for, why you need it, and whether you can afford the repayments.

If you're already struggling with debt, another loan is unlikely to make your situation easier. We could put you in touch with PayPlan, one of the UK’s leading free debt advice providers, if you’re worried about managing a loan. You can also get free and impartial debt advice from National Debtline, StepChange, and MoneyHelper.

Do I qualify for a same day online loan from Dot Dot Loans?

You can apply for a same day cash loan from Dot Dot Loans if:

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

Can I get a same day loan with bad credit?

Like all responsible lenders, we also have our own criteria to help us decide whether we can give you a loan. But remember, the focus isn't just on your credit score – we'll factor in your income and outgoings too. You might still be able to get a loan with same day payout with bad credit, subject to affordability.

How much same day cash can I borrow?

You can apply for a short-term loan between £100 and £1,000, or a long-term loan between £1,500 and £5,000. We fund both types the same day we approve them, 24/7.

How do repayments work with Dot Dot's same day UK loans?

You can spread the cost of our same day online cash loans for bad credit in fixed instalments of 3-48 months, depending on how much you borrow. Use the sliders on our short-term loan calculator or long-term loan calculator to see what repayment terms are available.

Once you're approved, we'll collect your repayments automatically via Direct Debit.

Your repayments will be the same every month – but we know things can change. If you're worried you might fall behind or miss a payment, speak to our friendly team as soon as possible to set up a new plan.

We won't charge you a late payment fee but missed payments can harm your credit score.

What's the interest rate?

Your interest rate will vary depending on how much you borrow. The best way to see what yours could be is to use our short-term loan calculator or long-term loan calculator.

All our rates are fixed upfront. This means the amount of interest you pay each month will always be the same, which could make your same day loan easier to budget for.

Are there any extra fees?

We don't charge late payment fees, added interest, or any other nasty extras.

Apply for a same day UK loan today

Same day emergency loans for bad credit can help you deal with problems almost as soon as they arise.

Use our short-term loan calculator or long-term loan calculator to get started. Choose how much you want to borrow, see what your monthly repayments will be, and check how much you'll repay overall.

Once you're happy to go ahead, hit 'apply now' to move on to our short application form. Remember, we look beyond your credit history, so we can offer same day loans for poor credit in some cases.

We'll get back to you as soon as possible. Approved loans are funded every hour 24/7. You can check our FAQs or contact our friendly team if you have any questions.

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Approved loans are funded every hour 24/7 No hidden fees or costs Less than perfect credit accepted UK based Customer Service Team

Loans from £100 to £1000

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Representative 824.7% APR

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Representative 79.4% APR

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