£200 Loan
Looking for a £200 loan? If you’re in need of a quick £200 loan, then Lending Stream is the perfect solution. With an easy online application, if you’re approved you can get the money sent to your bank in 90 seconds. Apply today for a 200 pound loan.
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.
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.
Very easy to apply
Very easy to apply, couldn’t have been more simpler to be honest and the money was in my account in less than a minute 10/10
Leona, 18 November 2023
Poor credit rating no problem
Quick and easy to apply
Kim, 25 November 2023
Why choose Lending Stream for a £200 loan?
Fast
Cash sent to your bank in less than 90 seconds, once approved.
Convenient
24/7 simple & online application. Instant decision. Direct lender since 2008.
Affordable
Repay over 6 months. Pay off early with no extra fees and save on interest.
Trusted
Rated excellent on Trustpilot & 99% recommend us on Reviews.co.uk.
What are £200 loans?
£200 loans are short term loans that can be used for a variety of purposes. Perhaps you need to pay for an unexpected car repair or medical bill, or maybe you simply need some extra cash to tide you over until your next payday. Whatever the reason, a £200 loan can provide you with the funds you need when you need them.
Most £200 loans are repaid within a few weeks or months, as they typically come with relatively high interest rates. Also, it is important to only borrow what you can afford to repay.
Lending Stream offers quick approval and mostly same day loan for approved applicants. Also, we don’t need any security which is why our loans are often referred as unsecured loans.
Can we lend you more than £200?
Yes, we can lend you more than £200 but if you are applying for a loan for the first time with us then we can lend you up to £800 (subject to affordability).
But if you already had a loan from us before and kept up with all your monthly repayments then we can lend you up to £1500.
How do I check if I’m eligible for a £200 loan?
If you are looking to apply for a 200 pound loan with Lending Stream, then you should check your eligibility first. To apply with us you must:
If you are looking to apply for a £100 loan with Lending Stream, then you need to meet our eligibility criteria. For that you need to:
Have a valid debit card
An active bank account
Be a UK resident
Should be at least 18 years old
Should be in regular employment with a monthly income of at least £400
Also, you may need to show us that you have a stable job with regular income, so that we can see if you can afford the repayments apart from your other expenses. In few cases, we might verify these details too but in a discrete manner.
How can I apply for a £200 loan?
If you’re looking for a £200 loan, Lending Stream is here to help. Our online application only takes a few minutes to complete, and you could have your money to your bank in as little as 90 seconds, if approved.
To apply for a loan with us, you need to fill in our online application form, and give 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
We will run a credit and affordability check once we receive your application. If approved, we will transfer the approved amount to your bank within 90 seconds.
How long do you have to pay back your £200 loan?
With Lending Stream, you’ve got 6 months to pay back what you borrow from us. You can even repay your loan early if you want too as we are fine with that. The best part is that we don’t charge any extra fees if you repay early.
Our loans are charged at a daily interest rate, so by paying early you’ll save money. In fact, many of our customers repay their loan in 3 months or 4 months.
What if my £200 loan application is rejected?
We look at many different factors while checking your 200 pound loan application. This is the reason why we never guarantee if your loan application will be approved or not. Also, if you are looking for a £200 loan with no credit check then we might not be able to help you as we do check your credit score.
We look at many factors as we don’t want you to borrow money that you can’t afford to pay back.
But, if the reason for us denying your £200 loan application is because of the information we receive from a credit reference agency, then we will let you know the name of that credit reference agency by mail.
What are the advantages of a £200 loan?
Fast Cash: If you are facing any unexpected financial emergency or expenses then a £200 loan can help you by giving you a quick access to the money you are looking for.
No Collateral Required: When you apply for a 200 pound loan with us, you don’t have to risk any possessions or give us any collateral such as your house, cars, or any other assets.
You May Be Eligible for a £200 Loan with Bad Credit: We never pretend that your credit score isn’t important for us. But we also know the fact that your credit score will not reflect your current situation completely which is why we even consider giving loans for bad credit.
Repay in Affordable Amounts: Unlike other lenders, we will give you 6 months to repay back your £200 loan. Our loans are not like payday loans as you don’t have to pay it back all in once.
What are the disadvantages of £200 loans?
- Short-term loans for £200 will usually have a higher interest rate than a traditional high street bank.
- Is a 200 pounds loan what you need? Think carefully if this is the right amount to borrow to meet your needs.
FAQs – 200 pound loans
Can I apply for a £200 loan if I’m unemployed?
No, you need to be employed in order to apply for a loan with us.
Can I use a 200 pound loan to pay my energy bills?
Yes, you can use a 200 pound loan to pay your energy bills. However, we recommend only borrowing what you need and can afford to repay.
Can I apply for a £200 loan if I have bad credit?
Yes, we consider applications from people with bad credit. However, we still run a credit check to assess your affordability. Along with this we look at many other factors while checking your application.
How can I repay my loan?
You can repay your loan using a debit card, or bank transfer. You can also set up a direct debit to make sure that your repayments are made on time.
What happens if I’m having financial problems?
If you are having financial problems and not able to repay your loan, please contact us as soon as possible. We will work with you to try and find a solution.
We don't offer loans under 60 days. We offer 6 or 12 month loans. So, the minimum repayment period is 6 months and the maximum repayment period is 12 months. You can choose to repay early and save on interest without any penalty. 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.
Very good company
Very good company, it's easy to fill out the application, everything is written well and clearly and the money is quickly in your account. The company is worth recommending
Grzegorz Komajda, 24 November 2023
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