If you do not pay a Repayment Amount when it is due, we will apply the following charges:
Other than that, we offer what is called no-fee loans. This means there is no application fee, no transaction fees, and no early repayment fees. We have no hidden fees at all.
You might have heard horror stories in the past about unexpected payday loan fees or short term loan charges which quickly mount up; but you can rest assured that Lending Stream have no hidden fees or charges at all.
We won't penalise you for paying back more than your scheduled monthly repayment, nor for repaying the whole amount owed at any point before it’s due. We’re happy for you to pay back the balance early, which also means you can save money on interest. Once you have a loan with Lending Stream, you can log in to your account or use the app at any time to make extra payments or see the total amount due that day if you want to pay off the whole amount, completely fee-free!