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Will I need to provide any documents with my online loan application?

We can usually make a decision to approve short term loan applications with Lending Stream based on information you give us online; however, under certain circumstances, we may ask you to verify some details by phone, email, or fax.

The traditional payday loan process, which you may have experienced in the past, differs from Lending Stream’s short term loan procedure, and although an application with us is usually quite straightforward for applicants, in some circumstances, it may be a little more complex than expected. This could be to do with your credit history, for example, or if you have provided insufficient information about yourself in order for us to approve your short term loan. If you have completed a payday loan application in the past, this may also be taken into consideration.

As a responsible lender, short terms loans with Lending Stream can differ from traditional payday loan decisions, and are based on a number of factors; for example, you must be able to provide some proof of income as a means of making repayments. Furthermore, Lending Stream requires a valid debit card to approve your application, whether or not you have made payday loan online applications or successful repayments in the past.

The reason for customers needing a debit card is in order for payments to be collected automatically by Lending Steam on a monthly basis. In relation to needing a debit card, all customers also understandably need a bank account where we can deposit your funds if your loan is approved. If you have a bank account and a valid debit card with which you are happy to set up automatic withdrawals, in order to make your repayments, you can begin the application process now.

If you are required to provide any further documents with your application, we will inform you during the process. All applicants must be aware that Lending Stream provides short term loans, meaning the application requirements may not be the same payday loan documents, which you may have previously provided for alternative companies.

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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.