This doesn’t necessarily mean you can’t get a loan with a bad credit history – or find a direct lender that’s looking out for you if a high street bank has turned you down in the past.
Dot Dot Loans just isn’t an agent so we’re maybe 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 show to us if you are searching for a bad credit loan:
- We are reasonable: No penalty costs and no added interest. You will only ever pay off the quantity we agree in the beginning. In the end, no body likes nasty shocks
- We are versatile: brief or term that is long it is possible to opt for a payment period you like – from 3 to 48 months
- We are friendly: We are constantly very happy to assist if you wish to e mail us, our UK-based customer support group are really easy to get your hands on with any inquiries you could have
- We are fast: often, you simply can not manage to loaf around. Our fast loans for the credit that is bad could possibly be to you in one hour to be authorized
- We are completely managed: We are completely managed by the Financial Conduct Authority (FCA) – so we just provide credit that is bad to clients who are able to realistically afford them
We are happy with that which we do, and we also’re specialized in assisting all our clients. But why simply take our term because of it? understand why we are ranked ‘Excellent’ according to our separate Trustpilot reviews.
Do you know the advantages of loans for bad credit?
Are you experiencing a credit history that is less-than-perfect? Financing for bad credit from direct loan providers like Dot Dot Loans could possibly be the ideal option. Here is why:
- Fast and simple: From a straightforward online application to getting a preliminary choice right away, our fast loans for bad credit are a proper assistance – maybe perhaps not minimum if the amount of money’s needed in a crisis.
- Dealing with you as a person: we are going to never ever determine a credit card applicatoin on your own credit rating alone. We have a look at your own personal circumstances, including earnings or profits, to be sure that loan suits you.
Which are the prospective drawbacks?
As with any kinds of credit, you can find dangers to be familiar with whenever trying to get bad credit loans from direct loan providers or agents. The 2 big items to look out for are:
- Higher prices: Loans for those who have a bad credit rating usually have greater rates of interest. The larger the attention price, the bigger the general price of borrowing will likely to be.
- Payment concerns: adhering to your instalments is a must. By lacking a repayment, you might do damage that is further your credit rating. But we could assist in the event that you’re concerned about falling behind or lacking a payment. Make contact with us to see just what your choices are.
Why might we have вЂ›bad credit’?
Bad credit may be the unofficial term for having a less-than-spotless credit score. It may be which you don’t have any past reputation for making use of credit after all. A number of the known reasons for having credit that is bad:
- Building a payment later (or not making one at all)
- Obtaining credit way too many times in a little while
- Getting a voluntary that is individual (IVA) or becoming made bankrupt
- Being a new adult without any past credit score
- Going towards the British – you cannot bring a credit score from offshore
Also things you might not think of can harm your credit history. You might never be registered to vote or there might be errors in your file. But this won’t mean you are stuck. Dot Dot Loans has arrived to acquire that loan with a credit that is bad – even in the event other direct loan providers are saying “no”.