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.
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.
How do Dot Dot loans hold up against the competition?
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.
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.|
|Repayment period options||Monthly|
|Default repayment method||Direct debit or continuous payment authority|
|Additional repayment methods||Online payment|
|Repay early at any point|
|FCA registration number||713984|
How does it work?
- 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:
|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.
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 have to pay more than double the amount borrowed.
Help! I want to modify my loan
|Option to change repayment date|
|Repay early at any point|
|Multiple loans allowed at the same time|
|Phone number||0333 240 6215|
Frequently asked questions
Read more on this topic
Buffa short term loans review Buffa offers quick and easy short term loans, but with high rates and limited terms.
Updraft loans Updraft lets you avoid the cost of expensive overdraft fees by giving you a low cost loan when you overdraw on your bank account or credit card.
Uploan short term loans A "big sister" company to the better-known Peachy, Uploan offers small loans over terms of up to a year, to cover one-off expenses.
247Moneybox promo codes 247Moneybox offers fast, convenient loans for when unexpected expenses crop up. Check if you could make a saving with our codes.
Loans like Credio Credio was a popular source of short-term credit online until the lender stopped issuing loans in 2018.
Cheque cashing If you need to cash a cheque, it can take three days to clear it with a bank. Cheque cashing services give you immediate access to your money.
Lending Stream loan calculator Considering a short term loan from Lending Stream? Use our calculator to work out how much it could cost you plus how much you could save by repaying early.
Sunny loan calculator Considering a Sunny short term loan? Use our calculator to work out how much you'll pay back. You can also compare Sunny against the competition and make sure you're getting the best deal.
Compare short term loans of £50 to £1,000 Compare live rates from a range of popular lenders on loans over two months or more.
Hastee review March 2020 An affordable alternative to payday loan, Hastee Pay's salary advances can be a lifesaver if you need to meet an unexpected expense.