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What is the total amount I'll pay for a Lending Stream loan?

A simple way to understand how the total cost of your Lending Stream loan works is to add the following:

The amount of cash you borrow

+ The interest we charge for the time you have the money

+ Any late fees and additional interest if you miss a payment

= The total cost of your Lending Stream loan

You may be able to lower the cost of your loan by repaying it early and reducing interest charges. We clearly spell out all of the costs of your loan up front, and Lending Stream charges no hidden fees. You can also look at a representative example.

If you know how much cash you need to borrow. Start by filling out our application.

Representative 1325% APR

More about short term loan costs

You may have experienced yourself in the past, or heard about, some of the pay day loan costs which can take people by surprise. It has previously been the case that a typical payday loan cost could even include penalties for early repayment.

That’s why we approach short term loans a little differently at Lending Stream. Our service is designed to offer an alternative to the cost of a payday loan and an end to lots of different types of fees or charges.

A Lending Stream loan contains no hidden charges and we are more than happy if you wish to make additional repayments, or repay the whole balance, earlier than you first intended. This is why our mobile app for Android or iOS makes it so easy for you to make extra payments and manage your account.


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Representative

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.