Please refer to our Cookie Policy for important information on the use of cookies. By continuing to use this website, you agree to this.

What loan fees do you charge?

If you do not pay a Repayment Amount when it is due, we will apply the following charges:

  1. On the first occasion that a Repayment Amount due is unpaid on the relevant Payment Date, we will apply a default charge of up to £15; and
  2. On any further occasion that a Repayment Amount due is unpaid on the relevant Payment Date, if we did not charge you the full £15 default charge on the first occasion, we will apply a further charge that will result in combined default charges amounting to £15.

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.

If you have a loan with us and would like to see your payment schedule, you can log-in.Or, if you would like to learn more about our loans, go to our How It Works page.

More about loan fees and charges

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!

 Previous Back to FAQs Next 


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.