just How quickly can I get my loan?

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

Exactly how much may I submit an application for? Can I be credit examined whenever I use?

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

Being a accountable loan provider we constantly be sure 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 and that means you know, the credit check will simply be noticeable in your credit report with other loan providers you and you accept it if we make an offer to.

No – because we’re a responsible lender, a credit search is essential to allow us to help make a determination in your application. Our initial search will undoubtedly be a ‘soft’ one, this implies it will likely be noticeable to you although not other loan providers and organisations. Whenever we make an offer to you personally and you accept this, we are going to carry down a credit application search and also this is supposed to be noticeable in your credit report with other loan providers. All applications are at the mercy of a credit affordability and check evaluation.

Am I qualified to receive a Dot Dot Loan official source?

Eligibility depends on your circumstances that are personal but to make use of you should be:

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

To perform the application, you’ll also require:

Valid email and mobile quantity

Residence target details

Bank debit and account card details

Can I have to send in every paperwork? Why must you validate my earnings?

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

Because we are a lender that is responsible we always verify your revenue and spending to assist guarantee any loan offer is affordable.

I’ve a bad credit history, may I get that loan?

We make our choices on instance by instance foundation. We do not expect visitors to have credit that is perfect so we just take different requirements under consideration when it comes to a software so as to make financing decision.

What are the results if my application is declined? Can a loan is got by me if i really do perhaps perhaps not acquire my personal house?

This implies at this juncture we have been struggling to provide you with that loan, as your application failed to satisfy our financing requirements. In case the circumstances alter, you are welcome to re-apply after 1 month.

You should not be property owner to have a loan from Dot Dot. We conduct credit checks and take your earnings and spending into consideration and base our choice with this.

What is the essential difference between a direct loan provider and a brokerage?

Dot Dot Loans is an immediate lender – this implies that you could apply straight to us and, if authorized, we are going to deliver the funds directly to your money. As opposed to provide you the funds on their own, an agent passes your information on to 3rd events who could possibly give you that loan that fits your needs.

Why have actually we been asked to send in supporting papers?

Often we are in need of extra papers to assist us to help make our financing choices. For instance, we might require some information that is further help your reported earnings and spending or could need one to deliver us evidence of your ID. We constantly make an effort to keep these demands to the absolute minimum.

exactly exactly What do I do if I do not get my loan?

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

I will be a current client , could I submit an application for another loan?

As a current client, you may well be entitled to sign up for an innovative new loan you have repaid your existing one with us once. This isn’t a warranty, nevertheless, and simply how much you are in a position to borrow as a customer that is existing on your own specific circumstances. To try to get a loan that is new simply log on to the Dot Dot client portal to start out the job. You can register here if you haven’t yet registered for the Dot Dot customer portal.

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

Open Banking is a straightforward and way that is secure 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.

We utilize information offered through Open Banking included in our credit and affordability checks, to ensure we could make financing decisions on applications for starters of our long-lasting loans (18 to 48 months). The solution we request you to consent to whenever trying to get a long-lasting loan permits us to see the info that seems in your bank statements and it is a paper-free means of sharing your earnings and expenditure information with us to ensure that we could completely and fairly assess whether you are able to pay for to just just take down a loan. It eliminates the necessity for you to definitely deliver bank statements, payslips or other earnings and information that is expenditure-related us. You need to consent to this service to help you to perform the job as well as us in order in order to make a financing choice.