Lending Stream

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Company Information

  • Company Name:
    Lending Stream
  • Website Address:
  • FCA IP:
    643942
  • Business address:
    Lending Stream, Wisteria Camrose House, 2A Camrose Avenue, Edgware, Middlesex, HA8 6EG
  • Phone number:
    0203 564 7028

Those who are looking for short term assistance with financial burdens can rely on the quality financial products offered by Lending Stream. Lending Stream offers short term instalment loans that can be used for any expenses the borrower needs assistance with. Small loans from Lending Stream are straightforward and easy to pay off. The excellent customer service offered by Lending Stream regularly garners recommendations by previous customers.

APPLICATION REQUIREMENTS:

United Kingdom residents who are over 18 are eligible to apply for a Lending Stream instalment loan. Applicants also need to have active bank accounts and be employed and earning at least £400 per month.

LOAN AMOUNT AND CHARGES:

Loans from Lending Stream can be between £50 and £800. However, if borrowers have already taken out a loan with Lending Stream before, they may be approved for up to £1,500. Loans from Lending Stream have a representative APR of 1,272%. A borrower would pay £191.68 in interest on a six month loan for £200. In addition to interest charges, there are also two possible default charges that could be applied to borrower’s accounts if payments are not made on time. The first time a payment is not made on time, a default charge of no more than £15 can be charged to the account. Afterwards, a further default charge of £15 will be applied to the account.

PROCESS:

The first step in the process is filling out Lending Stream’s simple and straightforward online application. Once this is filled out and submitted, applicants will get a quick decision. If the applicant decides to go through with the loan, loan funds will be put into his or her bank account immediately by money transfer. Lending Stream will send out the funds within four minutes of receiving acceptance of the loan agreement and bank account information from the borrower.

PAYMENT:

Repayment is simple with Lending Stream. On every pay date, payments will automatically come out of the borrower’s bank account so that he or she doesn’t need to remember anything. This makes it easy to avoid forgetting payments and incurring late payment charges. Lending Stream offers helpful online features by posting borrowers’ payment statuses and payment history on their online account pages.

100 Reviews of Lending Stream have been submitted - read the latest 3 below

Going back to a one off payday loan would not be an option for me anymore since I found instalment loans working out better for me. I don't always have to borrow large amounts but they are usually more than I would take out with a one off payday loan so it really wouldn't be worth the hassle of having to find the full loan amount in one go at the end of the loan period. Lending Stream instalment loans give me time to get my act together and make sure I have the money for the repayments each month and so I am not going to give that up and go back to payday loans.

Review posted by tony j., Islington

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

It was my sister's friend Lisa that got me on to instalment loans in the first place but since that first one I've changed lenders and have been using Lending Stream. Once I had seen the loan comparison website I realised I didn't have to rely on her recommendation and soon found that Lending Stream was actually a much better lender for me. One of the things I like about Lending Stream is the speed with which they can get your money to you. I have had a couple of emergencies where I needed extra money fast and Lending Stream were able to help me out. I don't think I would use a different lender unless Lending Stream changed things . I always check first before applying for another loan just in case but so far they have stayed the same and so I am really pleased about that.

Review posted by Megan Farrowdale, Lambeth

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

I reckon I'm like a lot of other people that use Lending Stream and use them because they are really quick and easy. However, they're like a payday loan but as well as being as fast as a payday loan they give you more options with the repayments. So some loans might be too much for me to afford with one repayment but with multiple repayments i can afford them easily . There's no point in me taking out a loan that I am going to have trouble repaying. With a Lending Stream instalment loan that is never a worry for me

Review posted by Jason Roscoe, Hillingdon

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money