Online Loans for Bad Credit on the Same Day Do you have an urgent cost to cover? Sometimes, you can't afford to wait regardless of whether it's urgent medical bills or a broken boiler. Also, you may not have the money to pay for it. It is possible to get a basic loan on the same day you apply , as long as you can pay off your current loans. Online applications can be accepted for loans from PS100 to PS1,000, without security or guarantor. Once approved the loan will be transferred the next day. We'll also take into consideration your credit score so you're still able to get a same-day loan for people with bad credit. Continue reading to find out details about same-day cash loans, and how to apply for Dot Dot Loans. What is instant loan? All loans that can be transferred to your account at the same day that your application is accepted are considered. They're usually easy to apply online and get an immediate response from the lender. Then, they pay out quickly. They can be used to cover unexpected expenses that cannot be put off for. You can get a little amount to solve temporary problems and pay the loan back in a couple of weeks or months. What can cash loans be used for? Unexpected costs or disasters can cause problems to access savings. You can get same-day funding online to assist with the most urgent expenses. They could be: Home maintenance such as repair to the boiler or washing machine Repair costs for vehicles , or MOTs Invoices for vet or medical expenses It's not easy to predict the future. However, being aware that you could get loans on the same day could help to relieve some of the stress. What are the advantages of same-day online loans? There is no need to fill out a lengthy application or wait for weeks to receive responses like you would with other personal finance types. The same day loan lenders for those with poor credit like Dot Dot Loans will give you an immediate decision and transfer your loan soon after subject to your the affordability. It is convenient because you don’t have to go to the bank, store or any other place to finish your application. You can apply online from your computer, smartphone, or laptop in a matter of minutes. After you've completed your application you are able to return to your routine. A majority of same-day loans are available with no guarantor. Because they're usually smaller in size, it could be more straightforward to be approved even when your credit score isn't great. Even if you've got poor credit, you may still obtain loans quickly even with low credit. What are the different kinds of loans online that can be repaid in a single day? Payday loans and instalment loans are two of the most popular sources that offer cash in a hurry. Although both are able to be utilized to serve similar purposes however, there are some significant differences in their operation. Payday loans are intended to cover your monthly expenses until the next paycheck. You'll then need to repay everything in one go. They could have excessive interest rates and expensive late payment fees, so may cause more issues than they resolve. Instalment loans might be a better choice. Instalment loans permit you to reduce the cost of your borrowing with lower monthly payments. We offer easy same day loans with no charges for late payments and subject to your the ability to pay. What are the guaranteed same-day loans? Some lenders may even offer instant cash loans that are guaranteed to be available on the same day. This means that they will approve your request. Many lenders offer loans that are guaranteed to be approved the same day approval for people with bad credit. But, these promises may appear too good to be true. Financial institutions licensed under the Financial Conduct Authority should be fair and responsible in lending. You should also do affordability checks to make sure that you aren't taking on obligations you're not able repay. Reliable lenders might offer to transfer the loan as soon as possible if you have completed your application. However, they are unable to guarantee acceptance. What is the process of our same-day loans? Dot Dot Loans makes it simple to obtain loans in a matter of minutes. Just use our quick loan calculator to calculate the amount you'd like to borrow as well as the repayment terms that you're able to meet, and then determine the total cost. We offer cash on the same day, starting at PS100 up to 1,000 PS. You will repay the loan in 3 to 9 months depending on how much you take out. It's only a few minutes to apply and you will receive a response in no time. As a responsible lender we'll carry out credit and affordability checks to let us offer a loan we're sure you'll be able to pay for it. We offer same-day loans to people with bad credit UK residents in certain situations, subject to the affordability of the loan. You could get your loan the next day if your application is accepted. We fund approved loans every hour, 24/7. The repayments are made on a regular basis. Short-term loan Representative Example Borrow PS250 for 3 months, with monthly payments of PS133.65 Total amount to be paid PS400.95. Interest rate 284.76% (fixed). 1228.67% Representative APR Dot Dot Loans is the ideal choice for your immediate loan lender Our goal is to make things simple, fast and simple. We are a same-day loan direct lender for people with bad credit, which means you will always know who you're dealing with. Six reasons to feel comfortable when applying to one of our online loans on the same day. Quick Application: Fill out a couple of minutes, receive an instant decision and get your loan the same day (subjects are affordability). Honest: What you agree to upfront is the amount that you'll pay back. Flexible: Borrow from PS100 to PS1,000 and spread your cost over 3 to 9 months based on how much you borrowed. Responsible Lending: Dot Dot aims to make responsible lending a part of the process. This means that we always conduct an affordability test when you submit the application for a loan. It's a win-win both to us and you since it guarantees you that you'll be able to take care of your loan in a responsible manner. Friendly: Our UK-based customer service team is happy to help. Recommended: Our customers give us an 'excellent' rating on the independent review site Trustpilot. Is it possible to get a payday loan? A loan that is available on the same day for those with bad credit isn't always the best choice. Consider how much money you are applying for and the reason you require it and whether you can be able to pay the monthly payments. Don't take another loan if your debt is already over the top. If you're worried about the management of a loan we can help you get in contact with PayPlan. MoneyHelper and StepChange provide no-cost and unbiased guidance on debt. Do I qualify for a loan online on the same day from Dot Dot Loans? You may apply for a same day cash loan from Dot Dot Loans if: You're 18 or older You have an UK address You are either currently employed or have received benefits. You have a valid mobile number as well as an email address You should have bank account and debit card details Do I qualify for a same-day loan with bad credit? We've got our own set of criteria, just like any responsible lender. This helps us determine if we are qualified to offer you the loan you need. However, we will consider your income and other financial aspects in deciding whether we can lend you money. You may still be able to secure a loan with same-day payouts even if you have bad credit, subject to affordability. What amount of same-day cash can I get You can apply for a loan for a short period of time between PS100 and PS1,000. We'll fund it the same day that we accept it, 24 hours a day. How does Dot Dot's sameday UK loans function? You can pay for our same-day online cash loans for bad credit in fixed instalments of 3-9 months, depending on the amount you'll need to take out. Look over the sliders in our calculator for short-term loans to see the available repayment terms. Once you've been approved, your payments will be automatically collected through Direct Debit. The amount you pay will remain the same every month, but we're aware that things can change. If you're worried about missing payments or falling behind, we recommend that you speak with our friendly staff as soon as possible to create a new plan. Although we won't charge any fees for late payments, late payments can cause damage to your credit score. What's the interest rate? The rate of interest you pay will be different depending on how much you borrow. Use our short-term loan calculator to calculate your interest rate. All rates are fixed in advance. This means that the monthly interest payment won't change, making it easier for you to plan your budget. Are there any other fees? We do not charge any late fees, extra interest or other unpleasant additional charges. Get a UK Loan Today! Credit with poor credit can be repaid quickly with the same-day cash loans. Utilize our short-term loan calculator to get started. Choose the amount you want to take out, calculate the monthly repayments and then calculate how much you will repay. After you have decided to take the offer After you have accepted the offer, select "apply now" to proceed to our application form. Be aware that we will consider your credit score so that we can offer you instant loans even for those with poor credit. We will get back to you as fast as possible. All approved loans are available for financing 24 hours a week. For any questions you may refer to our FAQs or speak to our team of experts.