Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk Loanski is an authorised credit broker not a lender

    Dot Dot Loans Alternative

    Loans from £100 to £10,000

    • 3 months to 5 years
    • 100% online application
    • All credit scores welcome to apply
    • Paid in as fast as 10 minutes^

     

    Secure SSL connection

    Your application is sent over a secure encrypted network

    Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

    Choose Loan Amount

    Credit score not affected*

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    Rates from 45.3% APR to 1575% APR Minimum Loan Term is 3 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
    *Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000

    Choose Loan Amount

    Credit score not affected*

    Loading

    Rates from 45.3% APR to 1575% APR Minimum Loan Term is 3 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
    *Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000

    Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

    Loans from £100 to £10,000

    • 3 months to 5 years
    • 100% online application
    • All credit scores welcome to apply
    • Paid out in as fast as 10 minutes^

     

    Secure SSL connection

    Your application is sent over a secure encrypted network

    REPRESENTATIVE 97% APR

    Loanski offers competitive interest rates compared to some lenders across the market.

    Installment Options

    Customize your loan term from 1 month to 60 months putting you in control of your payment plan.

    Fast Payouts

    You can expect fast payouts sometimes within 10 minutes^

    Company Number: 

    08117620

    Company Name:

    Dot Dot Loans is a trading name of Shelby Finance Limited, a subsidiary of Morses Club PLC

    Date firm started up business:

    25 June 2012

    Type of Business: 
    64205 – Activities of financial services holding companies

    Dot Dot offers the following:

    Customers can apply for £1000 directly through Dot Dot Loans and up to £4000 through selected brokers

     

    Loan term length:

    The loan term is between 3, 6 or 9 months

    Related brands:

    Shelby Finance Ltd

    Head Office Address:

    Kingston House Centre 27 Business Park,
    Woodhead Road,
    Birstall,
    Batley,
    England,
    WF17 9TD

    FCA Status: Authorised

    Shelby Finance Limited is regulated and authorised by the Financial Conduct Authority (FCA)

    Payout Time:

    If your application is approved before 15.30 then your loan will be funded directly into your bank the very same day. If you apply after this time then it will be funded the next day.

    Dot Dot Review

    Dot Dot Loans was launched in 2017 when they understood there was a need for more online loan companies. They are a trading name of Shelby Finance LTD who are owned by Morses Club, one of the UK’s largest doorstep loan companies along with Provident.

    They are a short-term instalment loan company who offer customers to borrow amounts up to £1000. Customers have flexibility in choosing their repayment term and can choose to pay over 3, 6 or 9 months.

    Their website is very easy to use and user-friendly, it has bright colours and a very well designed layout. It is simple to use for even people who may not be great at online applications.

    If you do struggle with online applications or do not have a bank account to apply with then another great option would be to see if there is a Morses Club in your area. Morses Club is part of Dot Dot Loans and offers doorstep loans where you do not need any bank account to receive a loan.

    You are assigned a local agent who will bring the loan to your house and will also collect payments weekly from your door so there is no need to have a bank account.

    How the company works:

    Applying for a loan with Dot Dot Loans is easy. All you need to do is fill out their online application form answering the required questions. This shouldn’t take any more than 5 or 10 minutes.

    Once you have done this you should receive a decision about your loan almost instantly. If they can’t accept you then it may just be that you need to supply them with some extra documentation to support your application or to confirm your identity.

    Once you have been accepted then you will receive the money into your bank account the same day as long as applied before 15:30 that day.

    They do not charge any extra fees for their service, you will only pay the interest you agreed on your loan amount.

    Repayment method:

    You will repay your loan using the CPA method (Continuous Payment Authority) The money is taken directly from your bank account each month automatically, so you don’t need to worry about remembering to make any payments.

    If this method isn’t suitable then you are within your rights to cancel it but you must arrange to pay Dot Dot Loans another way.

    If you contact them directly then you can discuss your options with them.

    Do I need a bank account?

    A UK bank account is a must for all Dot Dot Loans applicants. This must be a current account that also has a debit card attached to it. Your bank account will be used to confirm your identity, fund your loan and also to make your repayments.

     

    To be eligible to apply for a loan you must fit the following criteria:

     

    Age

    All applicants to Dot to Dot must be a minimum of 18 years old.

     

    Address information

    You will need to hold a UK address and have been a resident within the United Kingdom for at least 3 years.

    Proof of your previous addresses for the last 3 years will also be required during your application so that Dot Dot Loans can run the relevant credit checks.

     

    ID and Income

    There is no minimum income requirement for applicants to Dot Dot Loans. If you are in receipt of benefits you are also eligible to apply.

    You may be asked to complete an expenditure form with your monthly income and outgoings.

    This is so that Dot Dot Loans can ensure that you will be able to afford to make your repayments and won’t be adding any stress to your financial situation.

    Penalties

    Dot Dot Loans do not charge any late payment fees, however, not making your monthly repayments could negatively affect your credit score, meaning you may not be able to apply for any more credit in the future.

    It is always best to speak directly to the company if you think you may miss payments and discuss your options, they may be able to offer a solution.

     

    Reviews

    On Trustpilot Dot Dot Loans has fantastic reviews. Their total rating it 4.5 over 5 and an impressive 91% of their reviews are rated as ‘good’ and ‘excellent’.

    Customers compliment Dot Dot Loans for their fantastic customer service and their ability to solve any issues fast.

    The loan is always paid into their bank very fast and the application process is smooth.

    Most reviewers are returning customers because they have been very happy with the service that they have received.

    Only 7% of Dot Dot Loans reviews on Trustpilot are rated as either bad or poor. Customers complain that they were declined for a loan or that the interest rates are too high on their loan.

    All of the interest rates are fully stated in your loan agreement before you sign. Is it important to ensure that you are fully happy with the loan agreement before you decide to take out any loan.