An alternative to Wonga Loans: borrow up to £5000

Previously, Wonga offered a payday loan with 1509% Representative APR before their collapse in 2018.

At Dot Dot Loans, we have two loan products which offer a 824.7% Representative APR for a short-term loan and 79.4% Representative APR for a long-term loan respectively.

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 two types of loan, a short-term and long-term loan option, both with lower representative APRs 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 choosing an online loan by time. 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:

• Over 18 years of age (over 21 for long term loans)
• A UK resident
• In employment

To complete your application, you’ll also need:

• A valid e-mail address and mobile number
• Details of a home address
• Debit card and bank account details