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 is certainly not a broker so we’re maybe not a middleman. Connect with us and we also’ll end up being the only individuals you cope with. And there are yet more reasons to show to us when you are trying to find a credit loan that is bad
- We are reasonable: No penalty charges and no included interest. You are going to just ever repay the total amount we agree from the beginning. Most likely, no body likes surprises that are nasty
- We are flexible: brief or longterm, it is possible to select a payment period you like – from 3 to 48 months
- We are friendly: We are constantly thrilled 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 hold off. Our fast loans for a credit that is bad could possibly be to you in an hour or so to be authorized
- We are fully regulated: We are completely controlled by the Financial Conduct Authority (FCA) – therefore we just provide bad credit loans to clients who are able to realistically afford them
We’re happy with that which we do, therefore we’re focused on assisting all our clients. But why take our word for this? realise why we are ranked ‘Excellent’ predicated on our separate Trustpilot reviews.
Exactly what are the advantages of 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 be the ideal option. Here is why:
- Simple and fast: From a simple online application to getting a preliminary choice right away, our fast loans for bad credit are a genuine assistance – maybe perhaps not minimum if the amount of money’s required in an urgent situation.
- Dealing with you as a person: we are going to never ever determine a credit card applicatoin on the credit history alone. We glance at your own circumstances, including earnings or profits, to be sure that loan is right for you.
Exactly what are the disadvantages that are potential?
As with any types of credit, you will find dangers to understand whenever trying to get bad credit loans from direct loan providers or brokers. The 2 big items to look out for are:
- Greater prices: Loans if you have a credit that is bad usually have greater interest levels. The larger the attention price, the higher the general price of borrowing is supposed to be.
- Payment concerns: following your repayments is a must. By lacking a repayment, you can do damage that is further your credit score. But we could assist in the event that you’re worried about falling behind or lacking a repayment. Make contact with us to see just sites like rise credit loans what your choices are.
Why might we have вЂ›bad credit’?
Bad credit may be the unofficial term for having a credit history that is less-than-spotless. It may additionally be which you haven’t any past reputation for utilizing credit at all. A number of the reasons behind having bad credit are:
- Making a payment later (or not making one at all)
- Trying to get credit way too many times in a period that is short
- Getting a specific voluntary arrangement (IVA) or being made bankrupt
- Being a new adult without any credit record that is previous
- Going towards the UK – you cannot bring a credit score from offshore
Also things you may maybe perhaps maybe not think of can harm your credit rating. You may never be registered to vote or there might be errors in your file. But this won’t suggest you are stuck. Dot Dot Loans has arrived to obtain that loan by having a credit that is bad – even when other direct loan providers are saying “no”.