Wage Day Advance loans
In your search for a loan you may be shopping around for a provider who caters to your needs. If you have an adverse credit history, one company you may have seen or been considering is Wage Day Advance.
Unfortunately they went into administration on 26th February 2019. Some customers may have had their account moved to Dot Dot loans.
Who are Dot Dot Loans?
Dot Dot are a trading name of Shelby Finance Ltd and are owned by Morses Club. They were launched in 2017 and they provide short term loans from £200- £1,000 to customers, to be repaid over 3 to 9 months. It’s a fully online service.
Why should you choose us for a short term loan?
Satsuma Loans was built with an understanding of exactly what matters to you.
Our loan calculator
Check your eligibility without impacting your credit score
With Satsuma you can see if you're eligible for a Satsuma loan before you apply. And we do this without running a credit check and affecting your credit score.*
Answer a few questions and we'll instantly tell you if you're eligible for a Satsuma loan. This is a service Wage Day Advance doesn't provide.
How it works
We check your info
It's not a full application so we only need a few details
Protect your credit score
No matter the result, it won't affect your credit score unless you choose to apply
Give you your result
You'll find out in 60 seconds. We'll need to check your details if you choose to apply*
Some features of a Satsuma short term loan
Both Satsuma and Dot Dot provide loans which carry a high rate of interest in comparison to other high street lenders or traditional lines of credit.
Additionally, both providers offer loans up to £1,000. With a Satsuma loan however, if you only need a smaller amount, our loans begin from £100 subject to affordability, Dot Dot loans are offered from £200 upwards to £1,000.
As mentioned above, we also allow you to see if you're eligible for a Satsuma loan without impacting your credit rating. Whilst this is a service many other lenders also provide, it isn’t something Dot Dot loans offer at the moment.
Repay Satsuma loans over 3-12 months
A difference between Satsuma and Dot Dot Loans is the period you can borrow over. You can opt to repay your Satsuma loan between 3 - 12 months. With Dot Dot Loans, you can only choose up to nine months to repay the money you borrow.
Satsuma, unlike Dot Dot loans also offers you the option to repay your loan in weekly rather than monthly instalments. You can use our loan calculator to see how weekly repayments would affect the cost of your loan.
Therefore, if you need to take out a loan over a longer period, then Satsuma loans are one alternative.
Ready to apply?
You can apply for a Satsuma loan online. You can check how much your repayments will be by using our loan calculator here. Don't forget, you can check first.
After submitting your application you'll receive a decision from us.
*Approval for a Satsuma Loan is subject to successful completion of affordability and identity checks. Satsuma Loans are only available to UK residents who are at least 18 years old and have a valid UK bank account and debit card.