Responsible Lending

Lending Stream is a responsible lender. We believe in being fair to you and respect your need for short-term cash. We have designed a product that is light on your monthly budget and we demonstrate our commitment to responsible lending in every step of our service.

We also believe that financial responsibility is shared. Although we have a fair lending process, we rely upon our customers to make sensible borrowing decisions. We urge you to borrow only if you are confident that you can repay on time.

Loan Amounts

To decide loan amounts, we use our sophisticated credit scoring system that gives an approximation of your ability to repay without difficulty. Returning customers can therefore receive higher loan amounts if they pay back their instalments on time and demonstrate good repayment behaviour.

Repayment

Our short-term instalment loan is designed to help you repay comfortably. We split your amount into instalments that can be repaid over 4/5/6 months(4 instalments for amounts up to £100, 5 instalments for £100-£180, 6 instalments for £180 and higher) , while giving you the option to repay early and save on interest charges.

There is no fine print and no hidden roll-over charges. The interest fee will be calculated only on the outstanding amount every month.

Credit Checks

As a responsible lender, we run your application through credit bureaus and approve your loan based on your credit history. This process takes a few seconds with our proprietary credit checking system, so you will not have to wait for hours or days for a decision.

Those of you with a 'less-than-perfect' credit score are still welcome. We will do our best to help you address your cash needs.

Transparency in Fees

If you keep to your agreement and make repayments on time and as scheduled you will only need to repay what you agreed when you took out the loan. Our charges for missed payments and arrears are clearly shown at Fees & Charges.

We also recommend our customers to consider their borrowing decision carefully. The loan repayment may put additional strain on your finances. So, we urge you to not apply for a loan if you feel that you may not be able to make your repayments on time.


Information Security and Data Protection

We understand that the security of every single piece of information we collect from you is important. As a fully licensed credit provider, we have designed our processes to protect your information. We are Verisign certified for information collection, Go Daddy certified for SSL encryption of all transmitted data and we abide by our Privacy Policy to keep your information confidential.

Clear Process

Our loan process is straight-forward, clear and quick. At every stage of your application, we will give you all the information you need to make a sound borrowing decision.

Fair Collections Policy

We respect our customers and understand that you may sometimes face difficulties in paying back the loan. We promise to be fair to you in such circumstances and will offer you payment alternatives to help keep your credit score unaffected. We will not charge you unreasonable fees for defaulting or harass you if your account is in arrears. Our collections policy is fair and we will give you adequate time to remedy your default.