£250 Loan
Are you looking for a £250 loan? If you’re in need of a 250 pound personal loan, even with bad credit, Lending Stream is here to help you. With a straightforward online application, if you’re approved you can get the money sent to your bank in 90 seconds*. Apply today for a 250 pound loan.
Representative Example: Given a Representative APR of 1271%, if you borrow £300 over 6 months at 292% p.a. (fixed), you would owe 6 equal repayments of £96.39. You will repay £578.36 in total.
Not all applications will be approved for a loan. An offer of credit is subject to status and affordability checks.
Why choose Lending Stream for a £250 Loan?
Trusted
Rated Excellent on Trustpilot with 25,000+ reviews by customers across the UK.
Direct Lender
Lending Stream is a FCA authorised and regulated direct lender, offering short-term loans without any hidden fees.
No early repayment fees
Repay in 6 monthly instalments. We don’t charge for early repayment.
Fast
Apply online 24/7 with decisions in seconds. If approved, cash is sent to your bank in 90 seconds.*
What are £250 loans?
250 pound loans are short term personal loans that provide quick cash when you need it. They’re designed for unexpected expenses like a car repair.
Most 250 pound loans are paid back within a few weeks or months rather than years. They tend to have relatively high interest rates. Also, it is important to only borrow what you can afford to repay. At Lending Stream, we focus on lending responsibly to ensure our loans align with your ability to repay.
Lending Stream offers loans on the same day for approved applicants. Our loans are unsecured loans which means that you that don’t need to use assets as security.
Can we lend you more than 250 pounds?
How do I check if I’m eligible for a £250 loan with Lending Stream?
To be eligible to apply for a £250 loan with Lending Stream, you must:
- Be a UK resident.
- Have an active bank account.
- Have a valid debit card.
- Be at least 18 years old.
- Be in regular employment with a monthly income of at least £400.
During our application process, we might ask you to show proof of your income. As a responsible lender, we do this to ensure that you can comfortably afford the loan repayments.
Representative 1271%APR
How can I apply for a £250 loan with Lending Stream?
If you’re looking for a £250 loan, Lending Stream is here to help. On our online portal, the loan application process only takes a few minutes to complete. If approved, we’ll send the loan to your bank in as little as 90 seconds. It may take longer to reach your account, depending on your bank’s processes.
To apply for a loan with us, you’ll need to tell us:
- The amount you want to borrow with us.
- Some basic personal information.
- Your employment, salary, expenses, and banking details.
Once we have received your application, we will run a credit and affordability check. If we approve your application, we’ll transfer the loan to your bank within 90 seconds*.
Representative 1271%APR
How long do you have to repay your £250 loan?
With Lending Stream, we give you 6 months to repay what you borrow. Our flexible repayments allow you to repay your loan early if you want to, we don’t charge any extra fees for early repayment.
Our loans are charged at a daily interest rate so by paying early, you’ll save money.
What if my £250 loan application is rejected?
We look at many different factors while checking your 250 pound loan application. This is the reason we never guarantee your loan application will be approved.
Sometimes, we reject an application because of information from a credit reference agency. If this is the reason why we reject your £250 loan application, we’ll tell you the name of that credit reference agency. This way, you can check your details if you want to.
What are the advantages of a £250 loan?
1. Fast cash
If you have an unexpected financial emergency then a 250 pound loan could help you. You can find out if you’re approved in minutes and the cash will be sent in 90 seconds*.
2. No collateral required
When applying for a 250 pound loan with us, you won’t be asked to risk any collateral. So your house, car and any other assets won’t be used.
2. You May be Eligible for a £250 Loan with Bad Credit
We never pretend that your credit score isn’t important for us. But we also know that your credit score will not reflect your current financial situation completely. This is why we consider applications from customers with poor credit. We’ll look at your income and expenses before making a decision.
4. Repay in Affordable Amounts
Unlike payday loans, you don’t have to pay back the whole amount in one go. We will give you 6 months to repay back your £250 loan.
What is the disadvantage of a £250 loan?
A short-term personal loan for £250 will usually have a higher interest rate than traditional high street banks.
- Is a 250 pounds loan what you need? Think carefully if this is the right amount to borrow to meet your needs.
FAQs – 250 Pound Loans
Can I get a £250 loan with no credit check?
Lending Stream does not offer loans with no credit check. As a responsible lender, we believe it’s an important part of the application.
Can I get a £250 loan with bad credit?
Yes, we consider applications from people with bad credit. However, we still run a credit report check to assess affordability. We’ll also look at your income and expenses before making a decision.
What happens if I’m facing financial problems?
If you think you’ll struggle to make a loan repayment please contact us as soon as possible. We will work with you to try and find a solution to support your financial wellbeing. For more help go to moneyhelper.org.uk.