Dot Dot Loans short term loans review

Dot Dot Loans provides simple, flexible short term loans of between £100 and £1,000 that can be repaid in instalments over 3 months to 9 months.

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Dot Dot Loans

As of November 2023, Shelby Finance Limited has entered into administration. It’s trading name, Dot Dot Loans, will no longer be able to issue new or additional loans for any new or existing customers. You can compare alternative short term loans here.

Dot Dot Loans is owned by Morses Club – one of the UK’s largest home-collected loan companies was around for over 130 years. Dot Dot Loans offered a fully online service and strived to be simple, fast and fair. You didn’t necessarily need a perfect credit score to get a Dot Dot loan, but much like any other responsible short term lender, your application was subject to credit and affordability checks.

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

Please note: High-cost short-term credit is unsuitable for sustained borrowing over long periods and would be expensive as a means of longer-term borrowing.

How did Dot Dot loans hold up against the competition?

Table: promoted deals, sorted by total payable

If you were on the Dot Dot loans site and had estimated the cost of a loan, you probably wanted to shop around to see if you were getting a good deal. You could have used the table below to estimate the cost of the loan you had in mind. We compare loans from a range of popular short term lenders. Remember that each lender sets its own min/max loan amounts and terms and its own eligibility requirements.

How much do you need to borrow?

How long do you need to borrow for?

1 - 4 of 4
Name Product Available Amounts Monthly repayment Total payable Link
QuidMarket Short Term Loan
£300 to £1,500
Go to site
View details
Representative example: Borrow £300 for 3 months at a rate of 292% p.a. (fixed). Representative APR 1307.1% and total payable £454.38 in 3 instalments of £151.46.
The Money Platform Short Term Loan
£100 to £1,000
Check eligibility
View details
Representative Example: Borrow £500 for 6 weeks with repayment method of One Payment. Total amount payable: £647. Representative 839.20% APR, interest rate 255.5% per annum.
Moneyboat Short Term Loan
£200 to £1,500
Go to site
View details
Representative example: Borrow £400 for 4 months at a rate of 255.5% p.a. (fixed). Representative APR 939.5% and total payable: £597.48 in 4 payments of £149.37.
Lending Stream Instalment Loan
£50 to £1,500
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View details
Representative example: Borrow £200 for 6 months at a rate of 292% p.a. (fixed). Representative 1,333% APR and total payable £386.61 in 6 monthly payments of £64.44.
Please note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.

We compare payday/short term loans from

Drafty Line of Credit
QuidMarket Short Term Loan
The Money Platform Short Term Loan
Moneyboat Short Term Loan
Lending Stream Instalment Loan

Key features of a Dot Dot loan

Unlike a traditional “payday” loan, which you’d pay back in one lump sum on your payday, a number of lenders like Dot Dot loans allowed borrowers to spread repayment over a number of months. This makes for smaller, more manageable monthly repayments but a more expensive loan overall.

Product NameDot Dot Loans Short Term Loan
Available Amounts£100 to £1,000
Representative APR1,228.67%
New customer maximum£1,000
Loan terms3 months to 9 months
Maximum APR1,261.8%
Soft search eligibility checktick
Funding speedLoans are funded every hour, 7 days a week.
Repayment period optionsMonthly
Default repayment methodDirect debit or continuous payment authority
Additional repayment methodsOnline payment,Phone payment
Repay early at any pointtick
FCA registration number713984


  • Spread repayments over a number of months
  • Short term borrowing


  • High APR
  • Not suitable for long term borrowing

How did it work?

  1. Decide on the size of the loan required and the number of instalments to pay the money back in.
  2. Complete the simple application form, providing personal, contact, employment, and financial details.
  3. Dot Dot Loans performed a credit check to determine eligibility for a loan and the size of that loan.
  4. Once approved, the money was usually credited to the bank account within an hour, as long as the application was within office hours.
  5. Dot Dot Loans used a Continuous Payment Authority (CPA) to collect repayments on the monthly instalment dates chosen.

What is a Continuous Payment Authority (CPA)?

With a CPA, you give a company permission to withdraw money from your account on a regular basis.

CPAs differ from a direct debit because they give the company being paid the ability to withdraw money from your account whenever they wish and take payments of different amounts without consulting you. Most payday/short-term lenders use a CPA to collect your repayments. You can cancel this at any point by either consulting with your bank or loan provider.

Did you know?

In 2015, the Financial Conduct Authority (FCA) capped interest and fees on all high-cost short-term credit loans at 0.8% per day.

They additionally capped all default charges at £15 and the total cost (interest, fees) of loans at 100% of the original sum. This means you’ll never pay more than double the amount borrowed.

Help! I want to modify my loan

Option to change repayment datetick
Repay early at any pointtick
Multiple loans allowed at the same timecross
Phone number0333 240 6215

Customer support

If you’re experiencing any issues, do not hesitate to contact Dot Dot Loans either using their online contact form or phone on 0333 240 6215. Alternatively, if you are still dissatisfied, you can contact the Financial Ombudsman Service (FOS) to deal with your case.

Customer reviews

Dot Dot Loans has a “Great” review on Trustpilot of 3.9 out of 5, based on over 2,100 reviews (updated January 2024). Customers praised the customer service and easy-to-use application process.

Our verdict

Whilst short term or “payday” loans offer a quick solution to borrow money in the short term, helping with unexpected financial difficulties you may encounter, they aren’t a long term solution. You should consider your alternatives carefully.

Dot Dot Loans could be a good solution for short term funding due to their great customer service and easy-to-use application process. However, you should only take out a loan if you’re sure you can make the repayments.

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

Written by

Chris Lilly

Chris Lilly is Head of publishing at He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full profile

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