£50 to £1500
£100 repaid 28 days later
Representative Example: if you borrow £200 over 6 months at 292.0% p.a. (fixed) your first repayment will be £46.40 followed by £88.00, £78.40, £69.76, £59.84 and £49.28 the following months. You will repay £391.68 in total, there are no additional fees.
Average user rating
The company is founded by some of the same people who developed the fraud detection system, protecting transactions on over 2.5 billion credit cards worldwide. They hold their heads high with their team, comprising of some of the most brilliant data scientists, engineers, and business analysts in the world.
Being members of BCCA, and following their codes of practice, Lending Stream runs an affordability analysis on every single application to determine whether you should be able to pay the loan in a sustainable manner. Lending stream uses the power of advanced analytics to help people who deserve credit, get credit. Their goal is to respectfully and responsibly change the way people do business with the underbanked by creating innovative credit products and including a clear focus on building solutions that helps consumers, merchants, and lenders “all share in the tremendous value that analytics can create”
The only fees they procure are for the overdue payments. First time customers are able to lend up to £800 whereas past lending Stream loaners with good account standing can lend up to £ 1500. As you are able to get another loan before you have paid off the one you have now, you’ll have closer to no problems with your unexpected budget shortages. Their online loan process initiates the cash transfer in just four minutes. However, the time it takes for a cash loan to appear in your account will depend on your bank’s policies and procedures.
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk