If a top street bank has turned you straight down within the past, this won’t indicate you cannot get that loan with a negative credit score – or locate a direct loan provider that’s taking care of you.
Dot Dot Loans just isn’t a broker and we vital link also’re perhaps not just a middleman. Connect with us so we’ll function as people that are only cope with. And there are yet more reasons to turn to us when you are trying to find a bad credit loan:
- We are reasonable: No penalty charges and no included interest. You will just ever repay the total amount we agree from the beginning. Most likely, no body likes surprises that are nasty
- We are versatile: brief or term that is long you can easily go with a payment period you like – from 3 to 48 months
- We are friendly: We are constantly very happy to assist us, our UK-based customer service team are easy to get hold of with any queries you may have if you need to contact
- We are fast: often, you simply can not manage to loaf around. Our fast loans for a credit that is bad could possibly be with you in an hour or so to be authorized
- We are completely regulated: We are completely controlled by the Financial Conduct Authority (FCA) – and now we just provide bad credit loans to customers who is able to realistically afford them
We are pleased with everything we do, and then we’re specialized in assisting all our clients. But why simply take our term because of it? Understand why we are ranked ‘Excellent’ centered on our separate Trustpilot reviews.
Exactly what are the great things about loans for bad credit?
Have you got a less-than-perfect credit score? That loan for bad credit from direct loan providers like Dot Dot Loans could possibly be the ideal option. Listed here is why:
- Simple and fast: From a straightforward online application to getting a short decision right away, our fast loans for bad credit are a proper assistance – perhaps maybe not minimum if the income’s required in an urgent situation.
- Dealing with you as someone: we are going to never ever determine a credit card applicatoin on your own credit rating alone. We have a look at your own circumstances, including earnings or profits, to ensure a loan is suitable for you.
Do you know the prospective drawbacks?
As with any kinds of credit, you will find risks to understand whenever obtaining bad credit loans from direct loan providers or agents. The 2 things that are big look out for are:
- Greater prices: Loans for those who have a bad credit score frequently have greater rates of interest. The larger the attention price, the higher the cost that is overall of is going to be.
- Payment concerns: sticking with your repayments is essential. By missing a payment, you can do damage that is further your credit score. But we are able to assist in the event that you’re focused on falling behind or lacking a repayment. Speak to us to see just what your alternatives are.
Why might we have вЂ›bad credit’?
Bad credit could be the unofficial term for having a less-than-spotless credit score. It may additionally be you haven’t any reputation for making use of credit after all. A number of the grounds for having bad credit are:
- Building a payment later (or not making one at all)
- Trying to get credit way too many times in a short time
- Getting a voluntary that is individual (IVA) or being made bankrupt
- Being a new adult without any credit record that is previous
- Moving into the UK – you cannot bring a credit score from offshore
Also things you may maybe maybe not think of can harm your credit rating. You might never be registered to vote or there may be errors on the file. But this does not suggest you are stuck. Dot Dot Loans is here now to acquire a loan having a bad credit rating – no matter if other direct loan providers are saying “no”.