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.
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.