Dot Dot Loans is owned by Morses Club – one of the UK’s largest home-collected loan companies, that’s been around for over 130 years. Dot Dot Loans offers a fully-online service, and strives to be simple, fast and fair. You don’t necessarily need a perfect credit score to get a Dot Dot loan, but much like any other responsible short-term lender, your application will be subject to credit and affordability checks.
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.
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 do Dot Dot loans hold up against the competition?
Table: promoted deals, sorted by total payable
If you’ve been on the Dot Dot loans site and have estimated the cost of a loan, you’re probably going to want to shop around to see if you’re getting a good deal. You can use the table below to estimate the cost of the loan that you have 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?
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
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 now allow borrowers to spread repayment over a number of months. This makes for smaller, more manageable monthly repayments, but a more expensive loan overall.
Product Name
Dot Dot Loans Short Term Loan
Available Amounts
£200 to £1,000
New customer maximum
£1,000
Loan terms
3 months to 9 months
Soft search eligibility check
Funding speed
Loans are funded three times a day Monday to Friday and twice on Saturdays and Sundays. If you're approved after 3.30pm on a weekday or after 5pm on a weekend, your loan will be funded on the next day.
Decide on the size of the loan you require and the number of instalments you wish to pay the money back in.
Complete the simple application for, providing your personal, contact, employment and financial details.
Dot Dot Loans will perform a credit check to determine if you are eligible for a loan and the size of that loan.
Once approved, the money is usually credited to your bank account within an hour as long as you are applying within office hours.
Dot Dot Loans uses a Continuous Payment Authority (CPA) to collect your repayments on the monthly instalment dates you have 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 to take payments of different amounts without consulting you. Most payday/short-term lenders will use a CPA to collect your repayments. You can cancel this at any point by either consulting with your loan provider or your bank.
What are the eligibility requirements?
Make sure you meet the following criteria before applying for a Dot Dot loan:
Residency
UK resident
Minimum age
18
Applications from self-employed considered
Additional eligibility notes
You must have a valid email address and mobile number. You must have a valid bank account and debit card.
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 have to pay more than double the amount borrowed.
You can can apply to borrow up to £1,000. Dot Dot Loans performs credit and affordability checks for each loan to help ensure that you don’t get yourself into any difficulty.
Yes, every application to Dot Dot Loans is credit checked.
Dot Dot Loans aims to give you a decision straightaway, but in some cases you may be asked for additional supporting documents.
You will need to wait 90 days before you can reapply. Remember that if your circumstances haven’t changed, Dot Dot Loans’ decision is unlikely to change.
If you are 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.
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.
Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.
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finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.