Dot Dot Loans
United Kingdom
Founded in
2017 (9 Years)
Founded
Last online: No recent activity
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This company is currently Unproved.
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Company Information
Get to know Dot Dot Loans
Company Information
Get to know Dot Dot Loans
Dot Dot Loans was an online lending brand and a trading name of Morses Club Limited. It specialised in offering high-cost, short-term loans ranging from £100 to £1000, with repayment terms from 3 to 9 months. The company positioned itself as a responsible alternative to traditional payday lenders, emphasizing no hidden fees or late payment charges. However, along with its parent company, it faced significant financial pressure due to a large volume of customer complaints and redress claims related to historical unaffordable lending. This ultimately led to the parent company entering administration, and the Dot Dot Loans brand ceased all lending operations in 2023.
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- Financial Other ServicePRIMARY
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