You can compare our loans to other short term lenders.

£1500 Loan

Are you looking for a £1500 loan to get you out of a tight spot? Then Lending is a trusted direct lender that could help you with the £1500 you need. We’ll consider your application even if you’ve got a bad credit history.

How much do you need?

£
£ 50
£ 1500

Cost of Credit:

Duration

6 months

Amount Borrowed

£1500.00

Total Interest

£

Monthly repayable

£

Representative 1333% APR

Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.

Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.

Why choose Lending Stream for £1500 loans?

Fast

Cash sent to your bank in under 90 seconds once approved.

Convenient

24/7 simple & online application. Instant decision. Direct lender since 2008.

Affordable

Repay in 6 monthly repayments.
Pay early with no extra fees and
save on interest.

Trusted

99% recommend us on Reviews.co.uk and rated Excellent on Trustpilot

Representative 1333% APR

Warning: Late repayment can cause you serious money
problems. For help go to moneyhelper.org.uk.

What are £1500 loans?

£1500 loans are a type of short term, unsecured loans that can be used for a variety of purposes. The most common use of these loans is to cover unexpected expenses or emergency repairs. When an unexpected bill arrives or your car needs unexpected repairs, a £1500 loan can provide the funds you need to get through until your next payday. Most importantly, you should only borrow what you can afford to repay, and you should make sure that you have a plan in place to repay the loan on time.

Whether you need to cover an unexpected expense or simply need to sort things out, borrowing £1,500 over six-months can be a convenient and affordable option.

Our £1500 Loan is often referred as short term loans or same day loans.

Can we lend you more than £1500?

If you are applying for a loan with us for the very first time, then we can lend you any amount between £50 to £800.

But if you’ve already borrowed from us before, and your account is in good standing, then you can apply for up to £1500 with us today. 1500 pounds is the most we lend to our customers.

1500 Loan

How do I check if I’m eligible for a £1500 loan?

If you want to borrow a £1500 loan with Lending Stream, then you should check your eligibility, because to apply with us you must:

Have a valid debit card
An active bank account
Be a UK resident
Should be at least 18 year old
Should be in regular employment with a monthly income of at least £400

During the application process, you may also be asked to show if you have a regular income and see if you can afford the monthly repayments on top of your existing other financial obligations. These facts might be confirmed in some situations (although this will be done discreetly).

Representative 1333% APR

Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.

How can I apply for a £1500 loan?

Lending Stream gives you an easy way to apply for our £1500 loan even with bad credit. We are not a £1500 loan bad credit direct lender, but we might consider your application even if you have a bad credit rating.

To apply for a £1500 loan with us, you need to complete our online application form, by giving us the following information:

  • Choose the amount which you want to borrow with us
  • Fill in your personal details
  • Provide us with your employment, salary, expenses and banking details

Once we have received your application, we will carry out an affordability and credit check. If approved, we will transfer the approved amount to your bank within 90 seconds.

Representative 1333% APR

Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.

How long do you have to pay back your £1500 loan?

With Lending Stream, you have 6 months to pay back your £1500 loan. But if you want to repay your loan sooner, you can!

You can repay your loan as early as you want to, without paying any extra prepayment fees. Our loans are charged at a daily interest rate, and if you repay early, you’ll save money. In fact, many of our customers repay their loan in 3-4 months to save money on interest.

What if my £1500 loan application is rejected?

We never guarantee if your £1500 loan application will be approved, but we do consider many different factors when you apply with us.

If the information we receive from any of the credit reference agencies is a factor in us denying your £1500 bad credit loan application, then we'll let you know the name of the credit reference agency by email. You can then check your credit file with them if you want to.

What are the advantages of £1500 loans?

Fast Cash: If you have any unexpected financial emergency then a £1500 loan can give you a quick access to the money you need.

No Collateral Required: When you apply for a £1500 loan with us, you don't have to mortgage your house, cars, or any other assets. You can even apply for a £1500 loan with no guarantor needed.

You May Be Eligible for a £1500 Loan with Bad Credit: Being a direct lender, we will never pretend that your credit score is not at all important for us. At the same time, we do understand that your credit score does not fully reflect your current financial situation which is why we even consider giving bad credit loans.

Repay in Affordable Amounts: If you take out a £1500 loan with Lending Stream, we’ll give you 6 months to pay back. Unlike a payday loan you don’t have to pay it all back in one go.

What are the disadvantages of a £1500 loan?

  • The more you borrow the more you’ll need to repay. If you need to borrow a £1500 loan, make sure you understand how much the total cost will be.
  • Our £1500 loan has a higher interest rate than a high street bank. Make sure you’ve considered all your options before you choose to borrow.

FAQs - 1500 pound loans

  • We might consider your application even if you have a bad credit, but we cannot guarantee if your loan application will be approved. We believe that everyone deserves a fair chance of borrowing.
  • Yes, you can apply for a loan with us without needing any guarantor. Being a direct lender, we always run a credit check and consider many different factors when you apply with us.
  • With Lending Stream, you can get a £1500 loan at Representative 1333% APR.
  • If you miss a payment on a £1500 loan, you may be charged late fees, and this might even impact your credit score.

We don't offer loans under 60 days. We offer 6 or 12 month loans. The maximum repayment period is 12 months. Maximum APR 1721%.

Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.

Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk