Lolly.co.uk introduces customers to T Dot UK Limited for the
purposes of obtaining a loan. Lolly.co.uk does not provide any loan or consumer credit products directly.
Please only apply for a loan that you can afford to repay and make sure that you read the terms and conditions of a loan agreement before taking out a loan.
Maximum/Minimum Terms Of Repayment And Maximum APR
The loans offered through T Dot UK Limited's lending platform on this website have minimum repayment terms of 90 days (3 months) and maximum repayment terms of 24 months. Our typical repayment term is 90 days. Lending rates vary from 49.9% to a maximum APR of 1294.1%*. Lending rates vary from lender to lender and the interest rate you are offered will depend on your circumstances and credit history.
If you're having problems making a payment please contact the lender directly so that they can discuss your payment options. Should the situation remain unresolved the lender may reserve the right to pass your details onto a third party collections agency.
Implications of Non-Payment
T Dot UK Limited always recommend repaying on time. If you are unable to pay on time, each lender has their own policies with regards to fees and interest, and how they collect outstanding debts. Most will contact you by phone or letter in order to rearrange payment. Non-payment may result in charges and/or raised interest. We suggest contacting your lender as soon as you are aware there is a problem, as otherwise, it may be noted on your credit record.
If you are unable to make your repayment on time then you should contact your lender immediately. Lenders may charge a late payment fee which could range between £1 - £100. Please be aware that if you do make late repayments or fail to repay your loan you will most likely incur further charges that can be costly. For further details on late repayment charges or charges for missed payments please contact your lender directly and refer to the terms and conditions of your loan agreement.
T Dot UK Limited do not advocate the renewal of loan policies. If you feel that you will be unable to repay a loan we suggest that you do not take one out and, where necessary, you seek some financial advice. However, in the instance where you decide that you need to renew your loan, please discuss this with your lender. For more information about your lender’s processes and policies regarding non-payment, please refer to the terms and conditions of your loan agreement.