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.
You may be trying to apply for a payday loan from Wonga. In August 2018, Wonga went into administration, meaning that they’re unable to offer any new loans.
Previously, Wonga offered a payday loan with 1509% Representative APR before their collapse in 2018.
At Dot Dot Loans, we offer a 1228.67% Representative APR for a short-term loan.
Our Representative APR is lower than Wonga’s payday loan, meaning that you would pay less in interest for the same amount borrowed. If you’re unsure about how APR works, take a look at our handy guide.
If you are looking for a loan like Wonga, then we have an alternative at Dot Dot Loans. We provide simple, straightforward and convenient loans, with repayment times to suit you.
Dot Dot Loans offers short-term loan options, with a lower representative APR than from a payday lender like Wonga.
Unlike the payday loans offered by Wonga, with Dot Dot you can repay your short-term loan in instalments of your choice, by . This means you are more likely to borrow what you really need, making repayments more manageable.
But don’t just hear it from us, check out our customer testimonials.
Unlike Wonga, Dot Dot Loans does not provide payday loans. Instead we offer a short-term loan with flexible repayment terms, in addition to a borrowing range from £100-1000. If you’re unsure of the difference between a payday loan and a short-term loan, you’re able to get all the details on our dedicated short-term loans page. If you’re looking for a loan and wish to apply, you can use our easy-to-understand tool below.
As part of your application, we conduct affordability checks for every loan issued to new and existing customers. You can apply for a loan and undergo an affordability check if you are:
To complete your application, you’ll also need:
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.
Short-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 customerservices@shelbyfinance.com.