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Is there any way to know before I apply if my loan application will be approved?

Unfortunately, we can't guarantee approval of your short-term loan until the very moment that your application is submitted to us for review. Even if you've had a Lending Stream loan before and successfully repaid it, we're required to use the latest information available about you in order to make a loan decision. This is meant to ensure that we're always using the best available information to reduce the chances of putting you into a position of financial difficulty by approving a loan that you may not be able to repay.

The good news is that we offer no-fee loans, which means you won't be charged any fees for applying, even if you aren't approved.

If you just want to get started, you can go straight to our loan application page.

You can read about our basic loan requirements to see if you quality for basic eligibility and you can read about our approval process on our How It Works page.If you just want to get started, you can go straight to our loan application page.

Representative 1325% APR

More about short-term loan approvals

You may have had experience in the past with a payday loan application process where you were told that you were already pre-approved for a new loan with them. The payday loan checks that other lenders may do for loans like this are not necessarily based on the latest information about you and your finances. The upshot of this could be, if your circumstances have changed recently and this isn’t reflected with the new payday loan requirements information given, you might actually not be in a position to make the repayments for a new loan.

As a responsible lender, Lending Stream don’t want to put you in this kind of situation. This is why we can’t guarantee approval of a short-term loan before you apply, even if you already have an account with us, in good standing.

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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.