£400 Loan
A £400 loan from Lending Stream could be the perfect solution for your short term financial needs. Our online application process is simple and straightforward. If approved, you could get a 400 pound loan sent to your bank in 90 seconds.
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 £400 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 £400 loans?
If you need a cash loan fast, a £400 loan could be the solution. These loans are typically paid back over a period of 3 to 12 months, making them an ideal way to cover unexpected expenses or tide you over until your next payday. And because they’re unsecured, you won’t need to put up any collateral, such as your car or home, to qualify.
Whether you need to cover an unexpected expense or pay off some bills, a 400 pound loan from Lending Stream could help you get through a tough financial situation. You can apply for a 400 pound loan with us from the comfort of your own home.
Can we lend you more than 400 pounds?
Yes, we can lend you more than £400 but there are certain limitations on the amount which we can lend.
If you’re applying for a loan with us for the first time, then we could lend you up to £800. So long as our checks show that you can afford it.
If you have already taken a loan from us in past 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 £400 loan?
Are you looking to apply for a 400 pound loan with Lending Stream? You need to 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
We need to see if you can afford the repayments apart from your other financial expenses and for this you may need to show us that you have a stable job with regular income. We might even verify these details but discretely.
How can I apply for a £400 loan?
If you need a £400 loan, then Lending Stream a reputed short term loans direct lender is here to help. You can fill up 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
And after a couple of credit and affordability checks, we’ll be able to tell you if we can give you a loan.
Once we have received your application, we will run a credit and affordability check. If approved, the approved amount will be transferred to your bank within 90 seconds.
How long do you have to pay back your £400 loan?
With Lending Stream, you’ve 6 months to repay your loan. You can even repay early if you want too and save money on interest as our loans are charged on a daily interest rate.
We don’t charge any extra fees if you repay early. Many of our customers repay their loan in 3 months or even within 4 months.
What if my £400 loan application is rejected?
We never guarantee if your loan application will be approved or not. While reviewing your 400 pound loan application, we look at many different factors along with your credit score. If you are looking for a £400 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 which you can’t afford to repay.
But, if the reason behind us denying your £400 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 and you can check your credit file with them if you want to.
What are the advantages of a £400 loan?
Fast Cash: If you are having any unexpected expenses or financial emergency then a £400 loan might help you by giving you the money you are looking for.
No Collateral Required: When applying for a 400 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 £400 Loan with Bad Credit: We know that a credit score will not reflect your current financial situation which is why we even consider giving loans for bad credit. But this doesn’t mean that your credit score isn’t important to us. We do check your credit score.
Repay in Affordable Amounts: You don’t have to repay us in one go. With Lending Stream, you get 6 months to repay back your £400 loan.
What are the disadvantages of £400 loans?
- Short-term loans for £400 will usually have a higher interest rate than a traditional high street bank.
- Is a 400 pounds loan what you need? Think carefully if this is the right amount to borrow to meet your needs.
FAQs – 400 pound loans
Can I get a 400 pound loan on same day?
In most cases, yes. If you apply for a 400 pound loan with Lending Stream and if your application is successful, we could transfer the funds to your bank within 90 seconds.
Can I get a 400 pound payday loan?
Yes. Lending Stream gives you 6 months to pay back your loan but if you want to treat the loan as a payday loan and want to pay back on your payday in one go, we are fine with that too.
Can I apply for a £400 loan if I have a bad credit score?
Yes, we consider applications even if you have a bad credit score. However, we still run a credit check to check your affordability. We also look at many other factors while checking your application.
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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