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What happens if I can't pay back the loan?

As a responsible lender, we do everything we can to avoid putting you in that situation, by carefully assessing your ability to repay a Lending Stream loan when you apply. However, we understand that your financial situation can unexpectedly change for the worse, making it difficult for you to repay your loan. In that case, we'll work with you to arrange an affordable repayment plan.

If you are considering whether a Lending Stream loan is right for you, you can read more about How It Works.

If you have a loan with us and need to talk to us about an affordable repayment plan, contact us. You can also choose to contact free debt advice providers.

More about short term loan repayment problems

At Lending Stream, we don’t want our customers getting into financial difficulties when trying to make their short term repayments for a loan, so we always recommend that you contact us as soon as you know that there might be a problem with making your next repayment. We can work with you to help you repay your loan with an affordable payment plan.

You might have heard horror stories about those who have experienced payday loan repayment difficulties and found themselves being charged costly fees, on top of the continued interest on the money they originally borrowed. Those with payday loan payment problems could soon see costs escalate quickly.

At Lending Stream, we take a different approach. You can view a breakdown of any fees that might be due if you miss a repayment, but our aim is always to work with you to help you repay affordably and on time, whenever possible.

For independent help with debt, go to

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1325% APR

Learn more about the cost of your loan, default charges, risks and prepayments.

Responsible Lending: Carefully consider whether a loan is right for your individual financial situation. Borrowing of this type is an expensive form of credit that may be appropriate for short term financial needs but which is not appropriate for longer term borrowing or if you are in financial difficulty. All loan application are subject to status, terms and conditions and to satisfactory passage of checks on credit worthiness and affordability.

We don't offer loans under 60 days. Early prepayment options that are available are not associated with any fees or cost. Maximum APR of 1698.1%. Given a Representative APR is 1325%, if you borrow £200 over 6 months at 292.0% p.a. (fixed) your first repayment will be £33.60 followed by £96.00, £75.84, £66.88, £62.40 and £48.96 the following months. You will repay £383.68 in total, there are no additional fees.