A ?500 loan from Dot Dot Loans is about simpleness.
Our loan calculator will highlight your alternatives for various loan quantities and payment durations along with the total price of the loan. There aren’t any concealed fees or costs to help you see everything upfront before you use.
Clients have the choice of having to pay a ?500 loan back over 6 months.
A ?500 loan might be beneficial in those circumstances that really disrupt everyday activity – such as a broken boiler or washing machine that is unreliable.
A Dot Dot loan could help you get straight back on the right track if you want a little bit of assistance.
Borrow ?500 from Dot Dot Loans
Make use of our loan calculator to work 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 charge ? 323.91
- Total to cover ? 723.92 *
- APR 768.40 percent
*Calculation is actually for illustrative purposes just. Real repayment and cost will change centered on your loan begin date and spend date.
Borrow ?300 over six months with month-to-month payment of ?92.97. Total quantity payable ?557.82. Rate of interest 237% p.a. (fixed). 757.7% APR Representative.
Just how can ?500 loans work?
As with every our loans our ?500 loan is easy and simple.
It is possible to make an application for a ?500 loan on the internet and if you should be accepted the funds are going to be deposited into the bank that is nominated account.
We will concur the payment quantity and date it is due you need to take in advance so that you understand what you may anticipate. Repayments are then taken month-to-month in 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.
If you’d like any assistance whenever using, a part associated with the group could be more than happy to offer a hand via e-mail, or higher the telephone.
Credit checks for a ?500 loan
At Dot Dot Loans we simply simply take our responsibilities 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 simply help us do that, we always perform affordability and credit checks on all our candidates. Our aim would be to assist, maybe perhaps maybe not result in difficulties that are further.
Our credit that is initial check be described as a ‘soft’ one, this implies it’s not going to leave a mark on your own credit report. Therefore, in the event the application is not successful this will not be visually noticeable to loan providers. We’ll only execute a ‘hard’ search whenever we initially approve you for the loan and you accept our loan offer, this sort of search is going to be noticeable to other loan providers on your own credit report.
Transparency is a tremendously crucial element of accountable financing. We constantly inform you just exactly what our loans will surely cost, and exacltly what the repayments is likely to be. Whenever you pick the ?500 loan choice, you’ll see most of the given information plainly exhibited.
All costs and interest are shown upfront, along with your loan will never cost a lot more than this. We additionally never charge payment that is late.
Have a look at our loan calculator for more information about our loans.
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