Pounds to Pocket may no longer be lending, but don’t worry, Lending Stream is here to help. Apply for our short term loans online and if approved, we’ll send the cash to your bank within 90 seconds.
Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
Representative 1333% APR
Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
Very easy to apply
Very easy to apply, couldn’t have been more simpler to be honest and the money was in my account in less than a minute 10/10
Leona, 18 November 2023
Poor credit rating no problem
Quick and easy to apply
Kim, 25 November 2023
Pounds to Pocket were a UK-based lending company that provided short term loans to people facing urgent financial needs and money problems. Customers could apply online, and if approved, they would receive funds directly from Pounds to Pocket.
However, Pounds to Pocket entered administration in 2019. While they may no longer be taking on customers, the demand for short term financial solutions remains rife. This is where Lending Stream could help!
We offer loans in a different way from how Pounds to Pocket used to. They used to specify to applicants that it could take up to 30 minutes for the approval process to go through. We won’t make you wait. You can apply online for an almost instant decision.
No. Pounds to Pocket are no longer trading. They were one of many payday lenders to fall into administration in 2019. Want a Pounds to Pocket alternative? You can try Lending Stream. We offer short term loans that are fair and transparent.
We’re a fast and flexible approach to borrowing when you need it. Plus, we’ll only offer you a loan if we think you can afford to repay comfortably!
Pounds to Pocket, along with sister brand QuickQuid, went into administration on 25 October 2019. Starting in 2015, borrowers began filing compensation claims for being sold loans that weren’t right for them, and these claims continued to pour in over the next four years.
Eventually, the sheer number of claims became too much for Pounds to Pocket (a trading name of CashEuroNet UK LLC) to handle.
While there are similarities between Lending Stream and Pounds to Pocket, there are also differences that set us apart:
Lending Stream | Pounds to Pocket | |
We’re faster | Apply online for an instant decision. And if you’re approved, we’ll send the cash to your bank in under 90 seconds | They used to specify that it could take up to 30 minutes for the approval process to go through (and then up to a further 10 minutes for the cash to be transferred) |
We’re transparent | We upkeep a reputation for transparency in our lending processes, providing borrowers with flexible options, no hidden fees and clear terms and conditions for loans | They faced regulatory challenges and customer complaints related to their lending practices, leading to their eventual administration |
We’re still lending | Lending Stream is still in business, operating within the short-term lending industry | They entered administration in October 2019 and stopped trading |
To be eligible to apply for a loan with Lending Stream, you need to fulfil the following criteria:
As part of our online application process, we may ask you for proof of your income to see if you can make payments on time.
To apply for a loan with Lending Stream, complete the online application form and give us the following details:
Once we receive your application, we’ll run credit and affordability checks on your profile. In most cases, we’ll make a quick decision, and if you’re approved, we’ll send the loan terms and agreement for you to review and sign. This will include your repayment terms, monthly repayments, the representative APR, etc.
If you are content and sign the agreement, we’ll send the approved amount to your bank within 90 seconds.
Worried about applying with poor credit history? Don’t be! We consider loans for individuals with bad credit. We understand that every financial situation is different and approach every customer with the care and individuality that they deserve.
If you already have an account with us, you can log in and chat with us through there. Otherwise, you can get in touch on our contact us page.
If you prefer you can give us a call on 0203 808 4440#. We’re open from 9am to 6pm Monday to Fridays, and 9am to 1pm Saturdays.
No. Pounds to Pocket went into administration in 2019 and ceased trading due to a significant number of compensation claims and regulatory issues.
Yes, Pounds to Pocket was a payday loan lender. They offered payday loans with relatively high-interest rates.
Yes, Pounds to Pocket was a direct lender. Borrowers could apply for loans directly through the Pounds to Pocket website and if approved, they would receive the funds directly from Pounds to Pocket.
Very good company
Very good company, it's easy to fill out the application, everything is written well and clearly and the money is quickly in your account. The company is worth recommending
Grzegorz Komajda, 24 November 2023
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