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How do you make approval decisions?

To decide how much you can borrow, we use a sophisticated credit scoring system and affordability analysis to assess your ability to repay in a sustainable manner. If you've demonstrated good repayment behaviour, you can apply for higher loan amounts.

Our process is pretty simple, you apply for the loan, we analyse your individual situation and, if approved, you get the money as quickly as possible. All the way through the process and once you have an approved loan with us; we work together for your success.

You can read more about that process on our How It Works page or you can get started with our loan application process.

Representative 1325% APR

More about loan approvals

When you're applying for a loan of any type, the part of the process whilst you're waiting for a decision can be a difficult time, so we want to bust some of the myths about what happens.

You might have had a bad experience in the past; for example, with payday loan checks, where you are not sure what is going on behind the scenes, and the wait for a decision seems to go on for some time. At Lending Stream, we understand that you want to know where you stand as quickly as possible, so we've streamlined our processes to help you get a decision sooner.

Approval for short term loans from Lending Stream isn't instant, because as a responsible lender, we do personalised checks on applicants before making a decision. If you've been through a payday loan approval process in the past, then you may expect to get a decision within moments; but, for Lending Stream, as we treat every applicant as an individual, these things do take a little time.

Once we've approved your loan, we aim to have the money sent to your bank account within minutes, so you can get access to the funds as quickly as possible.

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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.