Just exactly How quickly can I get my loan?

Loans are funded every hour between 9am and 10pm, seven days per week. If you should be authorized after 10pm your loan is going to be funded at 9am the day that is next.

Just how much can I make an application for? Can I be credit examined once I use?

Clients can use to borrow as much as ВЈ4000 straight through our internet site.

Being a accountable loan provider we always be certain you meet our financing requirements, and conduct credit and affordability checks for every loan.

Yes – every application we get is credit examined. Being a accountable loan provider we constantly be sure you meet our financing requirements and conduct credit and affordability checks for every loan. Simply so that you know, the credit check is only going to be noticeable on your own credit history to other loan providers whenever we make an offer for your requirements and also you accept it.

No – because we’re a responsible loan provider, a credit search is essential to ensure that us to create a choice in your application. Our initial search are going to be a ‘soft’ one, this implies it’ll be noticeable to you yet not other loan providers and organisations. Whenever we make an offer for your requirements and you accept this, we are going to carry a credit application search out and also this will soon be noticeable on your own credit history to many other loan providers. All applications are susceptible to a credit affordability and check evaluation.

Am I entitled to a Dot Dot Loan?

Eligibility is determined by your individual circumstances, but to utilize you have to be:

Over 18 years (over 21 for long-lasting loans)

To perform the job, you can also need:

Valid email and number that is mobile

Residence target details

Bank account and debit card details

Can I need certainly to send in almost any paperwork? Why should you confirm my earnings?

In a few instances we possibly may ask you to answer for additional supporting papers.

Because we are a lender that is responsible we constantly verify your revenue and spending to simply help make sure any loan offer is affordable.

We have a credit that is bad, may I get that loan?

We make our choices on a full situation by situation foundation. We do not expect visitors to have credit that is perfect therefore we just simply take different requirements under consideration when contemplating a software to make financing choice.

What goes on if my application is declined? Can we get that loan if i actually do perhaps perhaps not have personal house?

What this means is at this juncture we have been not able to provide you with financing, as the application would not satisfy our financing requirements. If for example the circumstances change, you are welcome to re-apply after thirty days.

You don’t have to be described as house owner to have a loan from Dot Dot. We conduct credit checks and just take your earnings and spending under consideration and base our decision about this.

What is the difference between a direct loan provider and an agent?

Dot Dot Loans is a primary loan provider – what this means is as you are able to apply straight to us and, if authorized, we will deliver the funds right to your money. As opposed to provide you the cash by themselves, a brokerage passes your information on to 3rd events who could possibly give you that loan that satisfies your needs.

Why have actually we been expected to outline supporting papers?

Often we want additional papers to greatly help us in order to make our financing choices. For instance, we possibly may require some more information to support your reported income and expenditure online installment loans direct lenders Texas or may need one to send us evidence of your ID. We constantly attempt to keep these demands to at least.

What do i actually do if I do not get my loan?

Contact us on 0333 240 6215 and now we’ll take a good look at the problem for your needs.

I will be a existing consumer , could I make an application for another loan?

As a preexisting consumer, you might be qualified to sign up for a brand new loan you have repaid your existing one with us once. This isn’t an assurance, nevertheless, and just how much you are in a position to borrow as a customer that is existing in your specific circumstances. To utilize for a loan that is new just log on to the Dot Dot customer portal to begin the job. When you haven’t yet registered when it comes to Dot Dot consumer portal, it is possible to register here.

What exactly is Open Banking? How come Dot Dot Loans utilize Open Banking?

Open Banking is really a easy and protected way to provide us with usage of your economic information through username and passwords Service Providers (AISPs). Open Banking and AISPs are managed because of the Financial Conduct Authority (FCA) and must abide by data protection legislation.

We utilize information provided through Open Banking as an element of our credit and affordability checks, in order that we are able to make financing decisions on applications for example of our long-lasting loans (18 to 48 months). The service we request you to consent to whenever trying to get a long-lasting loan permits us to see the data that seems on your own bank statements and it is a paper-free means of sharing your revenue and spending information with us making sure that we could completely and fairly assess whether you are able to manage to simply take down a loan. It eliminates the necessity for one to deliver bank statements, payslips or any other earnings and information that is expenditure-related us. You need to consent to this ongoing solution in order to finish the application as well as for us in order to help make a financing choice.