How much can I borrow?
Between £50 and £800 for new customers, or up to £1,500 for existing customers.
When can I receive the loan?
Applications take five minutes, and cash transfers can be initiated within four minutes of approval, with the time taken for it to arrive in your account being dependent on your bank.
What does this company offer?
Lending Stream offers you a personalised review, fund transfers initiated within four minutes of approval, and six monthly payments.
Am I eligible?
To apply with Lending Stream, you must be at least 18 years old, a UK resident and have a bank account and debit card. You must also be in regular employment with an income of at least £400 per month. Those who are self-employed will not be lent money.
Your credit history will be assessed when you apply, but you do not need to have perfect credit. Lending Stream provide tools during your loan to help you improve your financial position for the future. They provide advice in the form of an email, sent one week after you receive your loan. Their interest rate is capped at 0.8% by law, and you may be charged up to £15 for a late repayment. If you end up struggling financially, they ask that you contact them to try and find a solution.
Camrose House, 2A Camrose Avenue, Edgware, Middlesex, HA8 6EG