Loans are funded every hour between 9am and 10pm, seven days per week. If you are approved after 10pm your loan will likely be funded at 9am the following day.
Exactly how much can I submit an application for?
Clients can use to borrow as much as ВЈ4000 straight through our internet site.
As a lender that is responsible always be certain you meet our financing requirements, and conduct credit and affordability checks for every loan.
Can I be credit examined once I use?
Yes – every application we receive is credit examined. As being a accountable loan provider we always be certain you meet our financing requirements and conduct credit and affordability checks for every single loan.
May I determine if i have been approved without having a credit search?
No вЂ“ a credit search is important to allow us in order to make a choice on the application, here find out why. All applications are at the mercy of a credit check and affordability assessment.
Am I qualified to receive a Dot Dot Loan?
Eligibility depends on your individual circumstances, but to put on you have to be:
Over 18 years old (over 21 for long-lasting loans)
To accomplish the job, you will also need:
Valid email and mobile quantity
Residence target details
Bank account and debit card details
Can I have to send in every paperwork?
In a few full situations we might ask you to answer for additional supporting papers.
Why should you validate my earnings?
Because we are a accountable loan provider, we constantly verify your revenue and spending to greatly help guarantee any loan offer is affordable.
We have a bad credit history, am I able to get that loan?
We make our choices for instance by instance foundation. We do not expect individuals to have perfect credit score so we take different criteria into consideration when it comes to a credit card applicatoin so as to make financing choice.
What are the results if my application payday loans WY is declined?
What this means is at this juncture we have been struggling to provide you with that loan, as the application would not satisfy our financing requirements. In case your circumstances alter, you are welcome to re-apply after 1 month.
Can we get a loan if i really do perhaps maybe not have my very own house?
You don’t have to be considered house owner to obtain that loan from Dot Dot. We conduct credit checks and just take your earnings and spending into consideration and base our choice with this.
What is the essential difference between a direct loan provider and an agent?
Dot Dot Loans is a primary loan provider вЂ“ what this means is that one may use straight to us and, if authorized, we are going to deliver the funds right to your money. As opposed to lend you the amount of money on their own, an agent passes your information on to parties that are third could possibly provide you with that loan that fits your needs.
Why have actually we been expected to outline supporting papers?
Often we are in need of additional papers to greatly help us to create our financing choices. For instance, we possibly may require some more info to help your reported earnings and spending or could need one to send us evidence of your ID. We constantly make an effort to keep these demands to the very least.
Exactly exactly just What do I do if I do not receive my loan?
Contact us on 0333 240 6215 and now we’ll have a look at the presssing issue for you.
I will be a current client , may I submit an application for another loan?
As a preexisting client, you are qualified to sign up for a brand new loan with us once you have paid back your existing one. This is simply not a warranty, nevertheless, and just how much perhaps you are in a position to borrow as a customer that is existing on the specific circumstances. To try to get a loan that is new just log on to the Dot Dot client portal to start out the job. Please try not to use straight through the website, as any current clients trying to get a loan that is further in this way will immediately be declined. When you havenвЂ™t yet registered for the Dot Dot client portal, it is possible to register right here.
What exactly is Open Banking?
Open Banking is really a easy and way that is secure provide us with use of your economic information through username and passwords Service Providers (AISPs). Open Banking and AISPs are regulated by the Financial Conduct Authority (FCA) and must stick to data security legislation.
How come Dot Dot Loans utilize Open Banking?
We utilize information offered through Open Banking as an element of our credit and affordability checks, making sure that we are able to make financing decisions on applications for just one of our loans that are long-term18 to 48 months). The service we request you to consent to whenever trying to get a long-term loan we can see the data that seems in your bank statements and it is a paper-free means of sharing your revenue and spending information with us making sure that we are able to completely and fairly assess whether you are able to manage to simply just just take away that loan. Moreover it eliminates the necessity for you to definitely deliver bank statements, payslips or any other earnings and expenditure-related information to us. You need to consent to this ongoing solution to help you to finish the job as well as for us to help you to produce a financing choice.
How does Open Banking work?
It really is as easy as logging into the online banking. Through the application weвЂ™ll redirect you to definitely consents.online, who can request you to provide very first and name that is last current email address and contact number. YouвЂ™ll then be expected to choose which bank/building culture you possess your account that is current with before being expected for the permission to get into your declaration information and share it with us. As soon as youвЂ™ve agreed, a protected, encrypted connection would be created using your bank/building culture and youвЂ™ll be expected to authenticate your self within the way that is same you log on to online banking. Your bank/building culture will likely then request you to concur that you may like to share your bank account information with consents.online before this might be passed away in their mind, that will then share it with us.
Consents.online really are a FCA-regulated Account Information Service company (AISP). Consents.online offer a fast, simple and protected method to offer your economic information making use of Open Banking.
Along with assisting you share your computer data in a safe and protected method, consents.online additionally offer you usage of a free of charge portal (available on the internet and via an app you can see what you’ve shared, control and revoke access to your data at any time if you agree to this option during your application) where. If you choose to revoke access, it will signify consents.online and anybody you formerly consented in their mind sharing your data with, including us, will not manage to see your bank username and passwords, by law unless they are required to store it.
Is consents.online safe?
Consents.online makes use of rigorously tested pc software and protection systems. By agreeing to fairly share important computer data utilizing consents.online, you are constantly in charge. You are able to determine what information may be accessed as well as for the length of time. No body gets access until you say therefore.
Is consents.online controlled?
Yes, consents.online are controlled by the FCA and must stay glued to data security legislation. To see their qualifications view here.
How exactly does consents.online relate with my bank?
Consents.online will hook up to your bank account straight making use of Open Banking APIs. An API – or Application Programming Interface – is a pc software intermediary which allows two applications to securely speak to one another. With regards to start Banking, consider it as protected packages of information being transported between two places. It is excessively safe and provides only what exactly is necessary and absolutely nothing more. Consents.online makes a demand via the API, your bank reacts to it by packaging information up, encrypting it and giving right straight back – however the distance involving the two is often maintained.