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.
Sometimes managing your finances can be tricky. Bills may have ended up costing more than you planned for, or you might have been surprised with an unexpected financial outlay which has pushed you over your monthly budget.
Our small loans could help you tackle these costs and get your finances back on track. You could borrow between £100 and £1000 and repay the money over 3 to 9 months depending on how much you borrow. We look at more than just your credit rating too, so you could even get a small loan for bad credit if we judge that it should be affordable.
Read on to find out how a small loan works from Dot Dot Loans.
Small loans, often referred to as short-term loans are designed to be a quick and simple solution to help you out if you’re in a tight financial spot. They can get you back on your feet without needing to borrow a larger amount of money.
As the name suggests, with a small loan you will borrow a smaller amount of money, usually up to £1000 and repay it in under 9 months. This means you won’t be tied to a long-term loan agreement lasting several years.
While some lenders might turn you down, in some situations we can offer small loans for UK residents with bad credit.
There are several things you could use a small personal loan to help pay for, maybe you’ve had an unexpected leak, or you need the money to pay for an urgent bill. If the money in your bank account won’t stretch to cover these costs a small short-term loan for bad credit from Dot Dot Loans could help.
Here are some other reasons people get a small loan from us:
Life is unpredictable and dipping into savings to cover expenses isn’t always possible. However, a small loan from Dot Dot Loans might help you get back on track.
Our small short-term loans are between £100 and £1000, with a fixed repayment term of 3, 6 or 9 months depending on how much you borrow.
You can apply online in minutes and receive a quick initial decision. If you are approved for a small loan, you could have the money in your bank account the same day as we transfer loans every hour, 24 hours a day.
With a small loan from Dot Dot Loans, you don’t need to secure the money against your home or other valuables. You also don’t need a guarantor to co-sign for the loan alongside you, so you could even get a small loan with bad credit and no guarantor.
To get started with your application, you can use our short-term loan calculator. Here you will see an illustrative example of all the costs associated with your little loan.
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.
No, as we are a responsible lender it’s not possible to get a small loan without a credit check from Dot Dot Loans. We carry them out to get to know a little bit more about your financial situation and how well you’ve managed credit in the past. However, even if you have a poor credit rating you may still be able to get a small same day loan from Dot Dot Loans.
Our initial credit search will be a ‘soft’ one. So, if you don’t pass this, we won’t leave a mark on your credit file for other lenders to see. We will only carry out a ‘hard’ search, which is visible to other lenders, if we make a loan offer to you and you accept it.
Making the repayments on a small instalment loan for bad credit in full and on time each month may have a positive impact on your credit score. By making the agreed repayments it may show other lenders you are able to manage your finances effectively and improve your chances of getting credit in the future.
At Dot Dot Loans we look beyond your credit history when making a lending decision, whereas other lenders may not offer small loans for bad credit.
We’ll carry out an affordability check where we’ll look at your income and outgoings to help make sure the repayments each month are affordable on top of your other expenses. So, don’t be put off from applying if you have bad or poor credit, our lending decision won’t be solely based off this.
If you find yourself needing a loan, it's important to choose a lender you can trust. At Dot Dot Loans we try to make borrowing money online simple and straightforward. Plus, we’re a small loans for bad credit direct lender, so you can apply directly to us and you won’t have to deal with anyone else.
Here are some of the other reasons to choose Dot Dot Loans for your small loan:
You can also give our friendly, UK based Customer Services Team a call if you have any questions or queries regarding one of our small loans.
You can apply for one of our quick small loans today if:
We’ll also look at your credit history and finances before making our decision. But don’t worry if you have a less than perfect credit history – we can still consider small loans for UK residents with bad credit.
We offer repayment periods of three, six and nine months on our small loans, depending on how much you borrow. Simply choose the amount that best suits you.
We’ll agree your repayment dates upfront, which will usually be around the date you’re paid. Repayments will then be taken automatically by Direct Debit to save you having to remember to make them each month. You can use our customer portal to keep track of the repayments on your small instalment loan for bad credit.
If your circumstances change and you feel you won’t be able to make a payment, please get in touch with us straight away. Our friendly team will talk you through your options and try to come up with an alternative payment plan for you.
You can apply for a small loan between £100 and £1,000.
We never charge any extra interest, late payment fees or anything else on our loans. The cost of your quick small loan will be agreed up front and will never increase.
The interest rate on your little loan from Dot Dot Loans will be fixed upfront and will vary depending on how much you choose to borrow, which may not be the case with other lenders.
We’ve tried to make our loan process as simple as possible. Use our short-term loan calculator to get started. Here you will see a full breakdown of the costs of our loans, including the repayment terms and APR.
When you have found a small loan that suits your needs and budget, select ‘Apply now’ to be taken to our online application. Fill in your details and press submit. You should hear back from us shortly after with our decision.
Remember we look at more than just your credit score, so you could even get a small loan with bad credit and no guarantor. If you have any questions, head to our FAQs or contact our friendly team.
Apply nowShort-term loans: 1228.67% APR Representative
Thank you for your interest in Dot Dot Loans. We are currently updating our product range, which will launch in the next few days.
In the meantime, please give us a call on 0333 0062000 or email us at [email protected].