A 500 loan from Dot Dot Loans is about simpleness. It is easy and simple to apply online, and you also might get a decision that is initial mins.
Our loan calculator will highlight your alternatives for different loan quantities and payment durations along with the total price of the loan. There are not any concealed fees or costs before you apply so you can see everything upfront.
Clients have the choice of having to pay a 500 loan straight straight back over 6 months.
A 500 loan might be beneficial in those circumstances that really disrupt everyday activity – just like a broken boiler or washing machine that is unreliable.
A Dot Dot loan could back help you get on course if you want a bit of assistance.
Borrow 500 from Dot Dot Loans
Make use of our loan calculator to sort out exactly how much you will have to pay off each and the interest rate for the amount you want to borrow month.
- Month-to-month repayment 120.65
- Credit fee 323.91
- Total to cover 723.92 *
- APR 768.40 per cent
*Calculation is actually for illustrative purposes just. Actual expense and payment will be different predicated on your loan begin date and spend date.
Borrow 300 over half a year with month-to-month payment of 97.50. Total quantity payable 585. Rate of interest 259.15% p.a. (fixed). 925.4% APR Representative.
Am I qualified to receive a 500 loan?
In line with the customer Finance Association, over half of a million individuals were rejected credit in 2017 whenever regulations that are new released. We should ensure that our 500 loans are available to you whenever you’ll need it many. This is exactly why, as a accountable loan provider, we put down the requirements in order to effortlessly see if you should be qualified. The requirements because of this variety of short-term loan is:
- You are aged 18 or higher
- You reside in the united kingdom and can provide us an target
- It is possible to offer us with a phone quantity and e-mail target
- A job is had by you
- It is possible to give us your debit and bank card details
We are going to additionally have a look at your credit rating and funds before you make our decision.
Just how do 500 loans work?
As with every our loans our 500 loan is straightforward and simple.
It is possible to submit an application for a 500 loan on line and if you should be accepted the amount of money may be deposited into the nominated bank account.
We are going to concur the repayment date and amount it really is due you need to take in advance and that means you understand what you may anticipate. Repayments are then taken month-to-month regarding the agreed date from your own banking account.
You will need a valid email address, mobile number, home address information for the last 3 years and your bank account and debit card information when you apply.
You a hand via email, or over the phone if you need any help when applying, a member of the team will be more than happy to give.
Credit checks for a 500 loan
At Dot Dot Loans we simply simply take our obligations as being a loan provider really really. We be sure to just offer credit to clients who are able to manage it, also to be open and clear all the time.
To greatly help us do that, we always perform affordability and credit checks on all our candidates. Our aim is always to assist, maybe maybe perhaps not result in further difficulties.
Our credit that is initial check be a ‘soft’ one, this implies it will not keep a mark on the credit history. Therefore, if for example the application is not successful this defintely won’t be visually noticeable to loan providers. We’re going to just perform a ‘hard’ search whenever we initially approve you for a loan and you accept our loan offer, this type of search is likely to be noticeable to other loan providers on your own credit report.
Transparency is a tremendously part that is important of lending. We constantly inform you just what our loans will surely cost, and exacltly what the repayments would be. Once you pick the 500 loan choice, you’ll see all of the given information demonstrably exhibited.
All fees and interest are shown upfront, as well as your loan will never ever cost a lot more than this. We additionally never charge payment that is late.
Have a look at our loan calculator to learn more about our loans.