The country’s rather prolonged cash shortage has gotten a tad stressful for citizens, with most of them suffering from some disorder that relates to psychological pressure. Britain has seen most of this happening in the past one year, where 55% of women and 45 % of men resorted to the most addictive of measures to drown misery. Alcohol, one of the most well known forms of addiction has soared to about 21% and virtual burning up of worries, in other words smoking, has spiked by almost 10%.

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The calendars have changed over, and a new year has arrived. Although most people prefer to let the skeletons rest in the closet, sensibility lies in identifying the mistakes made last year, and devising solutions for them this year. Since the recession has showed little signs of ebbing, people must be extremely careful with their financial decisions to ensure that the same blunders aren’t repeated.

We have created a list of some of the most common financial mistakes that people made last year, along with tips on how to see through this year without regrets. Here goes!

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As a general rule of liberal capitalist economy, stiff competition between enterprises results in better and more services for an average consumer. More deals, attractive rates and promotions are the tools that companies employ to move a consumer base in their favour. But, such tactics are short-lived and cannot replace a positive image of a brand. Customer loyalty is ensured when a brand offers impeccable service and distinctiveness in delivery. These brand building measures as compared to marketing gimmicks establish a company as a big challenge to other similar service providers and hence a potential market leader.

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Is your car repair costing you a fortune? Need a jump-start? You seem to be in luck. We offer auto repair loans to help you address these bothersome, out-of-the-blue expenses.

The economic crisis has left most people with leaner pay cheques, and consequentially, lesser savings to meet any unforeseen, unplanned expenditure. A vehicle breakdown is the perfect example…something that leaves you stranded when you do not have enough cash to pay for repairs. Banks are stringent, while other conventional sources do not guarantee you a loan either. If you can relate to this predicament, we can offer you the ideal solution.

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The concept of responsible lending or irresponsible lending (as some might say) is elusive to a large extent, since there has been no clear direction from the government or legislative regulatory bodies. Unclear scope of this legislative piece has put consumer action groups and credit lenders face to face in a stiff battle, each interpreting laws in their own way to eke out benefits.

The OFT along with the BERR has launched a consultation to define the scope of the Consumer Credit Act 1974 (as amended by Consumer Credit Act 2006) with regards to responsible lending.

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The Nintendo Wii prize draw is back!

We thank you for your trust in Lending Stream’s cash advance service, and wish to express our gratitude yet again.

We believe that your suggestions can help us improve our loan process and offer you a better loan experience. Your feedback is valued, so we are running this contest exclusively for our existing customers, who have loved and continue to enjoy the experience of working with Lending Stream.

In addition to the grand prize, we are also giving away three additional prizes, which include Ray Ban Shades, Sony MP4 Player and a Flip Camcorder. We believe your luck is about to change…once again. What does your hunch say?

Click here to enter

N.B.: This limited period draw is open to customers who have an active loan, anytime between October 20, 2009 and November 17, 2009.

Every dark cloud, they say, has a silver lining. Not many of us would have expected the economic slump to beget positives. So, the recent news item from the CBI did come as a surprise; a pleasant one at that! Statistics from the Bank of England suggest that consumers are working diligently towards paying off their debts, while increasing their savings simultaneously. The fluctuating economy and the ensuing uncertainty clearly has driven the record 309 million pounds unsecured debt repayment, a significant chunk of which is credit card payments. The ‘belt-tightening’ measure adopted by consumers is a heartening step taken towards a better, more stable future.

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In this consumer-centric era, there is something for everybody. A trip down memory lane reveals otherwise. With regard to loans, you could either be a good prospect or a bad one. There was nothing in between. If you had a speckled history, no lender would ever oblige your loan request. One county court judgment, one freak instance of loan default, or simply the lack of a sound profile (employment or income) would mean you could only beg and not borrow. Attribute it to market changes or the generous dose of competitiveness infused by forward-thinking economists, the relaxation in eligibility criteria has made a significant difference in the lives of many.

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The football season has kicked off and excitement is in the air. However, we believe that some of our customers might still be feeling the pinch of the crisis. To help them address their cash crunch, we are giving them an opportunity to apply for a new loan or get a top-up on their existing loan. The benefits are manifold:

• Streamlined processing & quick approvals
• Higher loan amounts for returning customers
• Easy top-ups in case customers need more cash for expenses

This is not all! Customers also stand a chance to win a Football Kit of their favourite team if they are booked for a reactivation/top-up loan.

We wish to make sure that our customers don’t miss out on all the fun. If you are facing a cash shortfall this football season, you can get a quick credit boost by applying for a loan now! Don’t let an empty wallet dampen your spirits.

Dangle a juicy carrot in front of a hungry rabbit and rest assured that the animal will nibble on it. The situation is similar in the current economic clime where payday lenders are cashing in on the desperation of credit hungry consumers. The industry per se has drawn a lot of flak in recent times for a variety of reasons. Some believe that lenders are using “aggressive marketing techniques”, while others feel the APRs are ridiculous. Since lenders conveniently ignore the fact that their customers are people who are already struggling to keep insolvency at bay, the efforts to woo them are usually centered on “your need – our solution” campaigns. So, the target audience is essentially the credit hit section of UK that is lured into a baited cage with the promise of deliverance.

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