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 a brokerage and then we’re not just a middleman. Connect with us therefore we’ll function as the only individuals you cope with. And there are yet more reasons to show to us if you are hunting for a credit loan that is bad
- We are reasonable: No penalty costs and no included interest. You are going to just ever pay off the quantity we agree from the beginning. In the end, no body likes nasty shocks
- We are versatile: Short or long haul, you are able to go with a payment period you like — from 3 to 48 months
- We are friendly: We are constantly thrilled to assist if you want to e mail us, our UK-based customer care group are really easy to get your hands on with any inquiries you may possibly have
- We are fast: often, you simply can not manage to loaf around. Our fast loans for a credit that is bad might be to you in one hour to be authorized
- We are completely managed: We are completely managed because of the Financial Conduct Authority (FCA) — and we also just provide credit that is bad to clients who is able to realistically afford them
We are happy with what we do, and then we’re focused on assisting all our clients. But why simply take our term for this? Realise why we are ranked ‘Excellent’ predicated on our independent Trustpilot reviews.
Which are the advantages of loans for bad credit?
Have you got a less-than-perfect credit rating? Financing for bad credit from direct loan providers like Dot Dot Loans could be the ideal option. Here is why:
- Fast and simple: From an easy online application to getting a preliminary choice right away, our fast loans for bad credit are a genuine assistance — not minimum if the income’s required in a crisis.
- Dealing with you as someone: we will never ever determine a software on your own credit history alone. We have a look at your own personal circumstances, including earnings or profits, to ensure that loan is suitable for you.
Do you know the disadvantages that are potential?
As with any types of credit, you will find risks to be aware of whenever trying to get bad credit loans from direct loan providers or agents. The 2 big items to look out for are:
- Greater rates: Loans if you have a bad credit score frequently have greater rates of interest. The greater the attention price, the bigger the cost that is overall of is likely to be.
- Payment concerns: adhering to your repayments is a must. By lacking a payment, you could do damage that is further your credit score. But we could assist in the event that you’re concerned about falling behind or lacking a repayment. Make contact with us to see just what your choices are.
Why might I have вЂ›bad credit’?
Bad credit may be the unofficial term for having a credit history that is less-than-spotless. It may be which you don’t have any reputation for utilizing credit at all. A number of the reasons behind having credit that is bad:
- Making a payment later (or not making one at all)
- Trying to get credit way too many times in a short time
- Getting a specific voluntary arrangement (IVA) or becoming made avant loans fees bankrupt
- Being a new adult without any credit record that is previous
- Going towards the British — you cannot bring a credit rating from offshore
Also things you might perhaps perhaps not consider can harm your credit rating. You might never be registered to vote or there may be errors in your file. But this won’t suggest you are stuck. Dot Dot Loans is here now to obtain that loan with a bad credit score — whether or not other direct loan providers are saying «no».