You can compare our loans to other short term lenders.

£250 Loan

Are you looking for a £250 loan? If you're in need of a £250 loan even with bad credit, then Lending Stream is here to help you. 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 250 pound loan.

How much do you need?

£
£ 50
£ 1500

Cost of Credit:

Duration

6 months

Amount Borrowed

£250.00

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 a £250 loan?

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 £250 loans?

£250 loans are short term loans that provide a quick cash to you when you need it the most too. It can be used for a variety of purposes like unexpected medical expenses or car repair.

Most £250 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 mostly offers loans on same day for approved applicants. Also, we don't require any security which is why our loans are often referred as unsecured loans.

Can we lend you more than 250 pounds?

Yes, we can lend you more than £250. If you are applying for a loan for the first time with us, then we can lend you anything between £50 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.

250 Loan

How do I check if I’m eligible for a £250 loan?

If you are looking to apply for a 250 pound loan with Lending Stream, then you should check your eligibility first. To apply with us you must:

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.

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 £250 loan?

If you're looking for a £250 loan, Lending Stream is here to help. Our online application only takes a few minutes to complete, and you can get the money in as little as 90 seconds to your bank, 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

Once we have received your application, we will run a credit and affordability check and if your application is 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 repay your £250 loan?

With Lending Stream, we give you 6 months to repay what you borrow from us. You can repay your loan early if you want too as we are fine with that and we don’t charge any extra fees for that.

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 3-4 months.

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 why we never guarantee if your loan application will be approved or not.

If the reason for us denying your £250 loan application is 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 £250 loan?

Fast Cash: If you are having any unexpected financial emergency then a £250 loan can help you by giving you a quick access to the money you need.

No Collateral Required: When applying for a 250 pound loan with us, you don't have to give us any collateral such as your house, cars, or any other assets.

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 which is why we even consider giving loans for bad credit.

Repay in Affordable Amounts: Unlike payday loans, you don’t have to repay the whole amount in one go. We will give you 6 months to repay back your £250 loan.

What are the disadvantages of £250 loans?

  • Short-term loans for £250 will usually have a higher interest rate than a traditional high street bank.
  • 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

  • Lending Stream do not offer loans with no credit check. We are a responsible lender, and we believe it is important to carry out a credit check as part of our loan application process.
  • 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.
  • If you are facing financial problems and would not be able to repay your loan, then 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. 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