Loans are funded every hour between 9am and 10pm, seven days per week. If you are authorized after 10pm your loan will soon be funded at 9am the day that is next.
Simply how much am I able to submit an application for?
Clients can use to borrow as much as ВЈ4000 straight through our site.
Being a accountable loan provider we always be certain you meet our financing criteria, and conduct credit and affordability checks for each loan.
Am I going to be credit examined whenever I use?
Yes — every application we get is credit examined. As a lender that is responsible constantly be sure you meet our financing requirements and conduct credit and affordability checks for every single loan.
Could I determine if i am authorized with no credit search?
No вЂ“ a credit search is important to ensure that us to produce a choice in your application, learn why right here. All applications are susceptible to a credit check and affordability evaluation.
Am I qualified to receive a Dot Dot Loan?
Eligibility is determined by your circumstances that are personal but to use you should be:
Over 18 years old (over 21 for long-lasting loans)
To perform the application, you will need:
Valid email and mobile quantity
Residence target details
Bank debit and account card details
Can I need certainly to send in every paperwork?
In a few instances we possibly may ask you for additional supporting papers.
Why must you validate my earnings?
Because we are a accountable lender, we constantly verify your revenue and expenditure to simply help guarantee any loan offer is affordable.
We have a bad credit history, am I able to get financing?
We make our choices on instance by situation foundation. We do not expect visitors to have perfect credit rating so we simply simply take different requirements into consideration when it comes to a software so as to make financing choice.
What are the results if my application is declined?
This implies at this juncture we have been struggling to provide you with that loan, as the application would not meet our financing requirements. If for example the circumstances alter, you are welcome to re-apply after thirty days.
Can a loan is got by me if i actually do perhaps perhaps perhaps not acquire my personal house?
You should not be property owner getting a loan from Dot Dot. We conduct credit checks and simply take your earnings and spending under consideration and base our choice about this.
What is the essential difference between a direct loan provider and an agent?
Dot Dot Loans is an immediate loan provider вЂ“ what this means is you could apply straight to us and, if authorized, we are going to send the funds right to your money. As opposed to provide you the amount of money by themselves, an agent passes your information on to 3rd events who could possibly give you a loan that fits your needs.
Why have actually we been expected to submit supporting papers?
Often we truly need extra documents to aid us in order to make our financing choices. For instance, we might need some more information to help your reported earnings and spending or could need you to definitely deliver us proof your ID. We constantly make an effort to keep these needs to the very least.
just What do i really do if I do not get my loan?
Contact us on 0333 240 6215 and we also’ll have a look at the presssing problem for you personally.
I will be a customer that is existing could I submit an application for another loan?
As a current consumer, perhaps you are entitled to sign up for a fresh loan with us once you’ve paid back your existing one. This is simply not a warranty, nonetheless, and just how much perhaps you are in a position to borrow as a customer that is existing in your specific circumstances. To try to get a loan that is new just log on to the Dot Dot client portal to begin the application. Please usually do not use straight via the website, as any current customers trying to get a loan that is further that way will immediately be declined. When you havenвЂ™t yet registered for the Dot Dot client portal, you can easily register right here.
What exactly is Open Banking?
Open Banking is a straightforward and safe solution to provide us with use of your economic information through username and passwords Service Providers (AISPs). Open Banking and AISPs are managed by the Financial Conduct Authority (FCA) and must stay glued to data security legislation.
How come Dot Dot Loans use Open Banking?
We utilize information offered through Open Banking included in our credit and affordability checks, in order that we could make financing decisions on applications for example of y our long-term loans (18 to 48 months). The solution we request you to consent to whenever trying to get a long-lasting loan we can see the details that appears on your own bank statements and it is a paper-free means of sharing your earnings and spending information with us to make certain that we could completely and fairly assess whether you really can afford to simply take a loan out. In addition it eliminates the necessity for you to definitely deliver bank statements, payslips or any other earnings and information that is expenditure-related us. You need to consent to this solution in order to perform the application as well as for us in order to produce a financing decision.
How does Open Banking work?
It is since straightforward as signing into your online banking. Through the application weвЂ™ll redirect you to definitely consents.online, that will request you to offer very first and final title, current email address and contact number. YouвЂ™ll then be expected to choose which bank/building culture you possess your account that is current with before being expected for the permission to gain access to your statement information and share it with us. As soon as youвЂ™ve agreed, a protected, encrypted connection will likely to be made out of your bank/building culture and youвЂ™ll be expected to authenticate your self when you look at the way that is same you log on to online banking. Your bank/building culture will then request you to make sure you desire to share your bank account information with consents.online before it is passed away to them, that will then share it with us.
Consents.online are a definite FCA-regulated username and passwords Service company (AISP). Consents.online offer a fast, simple and safe method to offer your monetary information making use of Open Banking.
As well as assisting you to share your computer data in a secure and safe means, consents.online additionally offer you use of a free of charge portal (available online and via a software in the event that you consent to this choice through your application) where you could see just what you have provided, control and revoke usage of your computer data at anytime. If you undertake to revoke access, it shall imply that consents.online and anyone you formerly consented in their mind sharing your details with, including us, will not have the ability to see your username and passwords, unless these are typically expected to store it for legal reasons.
Is consents.online safe?
Consents.online Uses rigorously tested security and software systems. By agreeing to share with you important computer data making use of consents.online, you are constantly in control. It is possible to determine what information are accessed as well as for just how long. No body gets access until you state so.
Is consents.online managed?
Yes, consents.online are controlled by the FCA and must stick to data protection legislation. To see their qualifications click.
How can consents.online connect to my bank?
Consents.online will connect with your bank account Open Banking that is directly using APIs. An API — or Application Programming Interface — is an application intermediary that enables two applications to securely communicate with each other. It as secure packages of data being transferred between two places when it comes to Open Banking, think of. It is incredibly safe and provides just what’s necessary and absolutely nothing more. Consents.online makes a demand through the API, your bank reacts to it by packaging information up, encrypting it and delivering straight straight payday loans Cambridgeshire back — however the distance between your two is obviously maintained.
Borrow ВЈ300 over a few months with month-to-month payment of ВЈ153.63. Total amount payable ВЈ460.89. Interest 292% p.a. (fixed). 1255% APR Representative.
Borrow ВЈ2500 over a couple of years with month-to-month payment of ВЈ198.68. Total quantity payable ВЈ4768.25. Rate of interest 71.1% p.a. (fixed). 99.9% APR Representative.