Same Day Loans As Lending Stream
- Lending Stream is one of the leading online loan providers in the United Kingdom launched with the novel objective of bridging the gap between one-month payday loans and the 'short on convenience' bank loans. With their path-breaking innovation, the 'short-term monthly instalment loan', a payday loans alternative, they serve customers who find it difficult to pay back lump sum repayment amounts within 30 days.
- The advantage of borrowing from Lending Stream is that you can repay your loan in easy monthly instalments ranging from 4-6 months. In case you wish to pay back early and save on your interest, you can do so by simply giving them a call.
- Lending Stream accept applications based on the following criteria:
- In order to apply for a short-term loan with Lending Stream you should be 18 years of age or above and have a valid bank account, which can receive direct deposits, be regularly employed and earn a minimum monthly salary of £750. And most importantly you should be a resident of the UK.
- Anyone who is eligible for the loan can apply online and have the funds wired to their bank account on approval without any stress. Services are offered from Monday through Friday from 8:00 to 17:00 and the customer service team can be reached on all days at 0844 251 0530.
- For a nominal transfer fee of £15, you can get the cash within 4 hours of the final approval.
- Lending Stream adheres to responsible and transparent lending policies. You will always know beforehand what you need to pay. There are no hidden charges. With Lending Stream, what you consent to is what you repay.
- It is important and recommended that you do not borrow more than you can afford.
- A first time customer can borrow from £80 to £600; Lending Stream's sophisticated Credit Assessment System determines the amount that you are eligible for.
- As a returning customer, you will be eligible for loan amounts up to £720.
- A credit assessment is carried out to ensure that you will be able to repay comfortably on your payday.
- The representative APR is 3043.8%.
- A customer is allowed to cancel the loan agreement within 14 days.
- If you are facing difficulties in making payments on time, it is important that you get in touch with their customer care centre immediately and discuss payment alternatives.
- Failure to repay the loan will affect your credit score and may lead to potential legal issues.
- The agreed repayment amount will be debited on the agreed due dates from your debit card.
- Lending Stream is registered with the Information Commissioner's Office in England: Registration No. 6648787 Data Protection Number: Z1451218 Consumer Credit License Number: 0620194 Go Daddy certified for data encryption and information protection.
- If you have any further questions, please contact this lender at Lending Stream Ltd, Wisteria Cavendish House, 369 Burnt Oak Broadway, Edgware, Middlesex, HA8 5AW.
Credit License Number:0620194
Telephone: 0844 251 0530
Background:
Application:
Applicants:
Same-day Transfers:
Responsible and Transparent Lending Policy
Representative Example:
| Rate of Interest: 30% per month | Amount of each repayment |
| Total amount of credit:£200 | 1st repayment: £60 |
| Representative APR: 3048.8% | 2nd repayment: £100 |
| Duration of Agreement: 6 months | 3rd repayment: £88 |
| Total Amount Payable: £440 | 4th repayment: £76 |
| Total Charge of Credit | 5th repayment: £64 |
| 6th repayment: £52 |
