Lending Stream are a short-term loan provider offering loans of up to £1,500 that can be repaid over 6 months. Based in London, Lending Stream were established in 2008, and have become one of UK’s most well known and trusted short term loan providers.
What Is The Criteria For A Loan With Lending Stream?
To apply for a loan with Lending Stream you must be at least 18 years old, a UK resident and have a valid UK bank account. You must also be in employment earning a minimum of £600 (net) each month. As a part of the application process, Lending Stream will use a sophisticated credit scoring system that analyses and assesses your ability to repay the loan.
How Do Repayments Work With Lending Stream?
Lending Stream allow you to repay your loan over a period of up to 6 months. This allows you to spread the cost of your loan to make the repayments more affordable. Payments must be made on the date agreed during your application.
Here is a representative example of a Lending Stream Loan: Total amount of credit: £200. Annual Interest Rate: 292.0% (Representative APR 1272.0%). Duration of the agreement: 6 months. Total amount payable: £391.60. Total charge of credit: £191.68
Interim Permission Number: 643942
Contact Telephone Number: 0203 564 7028
Warning: Late repayment can cause you serious money problems. For help, go to www.moneyadviceservice.org.uk.