6 Month Loans
Are you looking for a 6 month loan? You’re in the right place. With Lending Stream being a 6 month loans direct lender in the UK, you can apply for a 6 month loan of up to £1500 & get the approved amount 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 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 6 month 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.
Warning: Late repayment can cause you serious money
problems. For help go to moneyhelper.org.uk.
What are 6 month loans?
6 month loans are loans which are borrowed and has to be repaid in 6 equal monthly instalments. These loans are usually meant for small amounts and can be approved on the same day of application just like same day loans.
This is the reason why 6 month loans are often called short term loans. Our short term loans are also Unsecured Loans.
How do I check if I’m eligible for a 6 month loan?
To apply for a 6 month loan with Lending Stream, you must have a valid debit card, an active bank account, and be:
During the application process, you may also need to show that you have a regular income and can afford the repayments on top of your existing financial commitments. In some cases, these details may need to be verified (although this will be done discreetly).
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
How can I apply for a 6 month loan?
It’s easy. Just follow through the application step by step, giving us the following information:
- Choose how much you want to borrow
- Fill in your personal details
- Provide us with your employment 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.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
How long have you got to pay your 6 month loan back?
With Lending Stream, you’ve got 6 months to pay back what you borrow.
If you want to repay your loan sooner than 6 months, that’s fine too! You can repay as early as you want with no extra fees. And because our loans are charged at a daily interest rate, you’ll save money if you repay early. In fact, many of our customers repay their loan in 3-4 months.
What if my 6 month loan application is rejected?
We can’t guarantee if your application will be approved or not. We look at lots of different factors when you apply for a 6 month loan.
We don’t want you to borrow money that you can’t afford to pay back.
If the information we receive from a credit reference agency is a factor in denying your application, we'll let you know the name of the credit reference agency by email, so you can check your credit file with them if you wish.
What are the advantages of 6 month loans?
Fast cash: If you have an unexpected expense, 6 month payday loans can give you quick access to the money you need.
No collateral required: When you apply for a 6 month loan, you don't have to risk possessions such as your house, cars, and other assets.
You may be eligible for a 6 month loan with bad credit: We won't pretend that your credit score isn’t important for us. But we do understand that your credit score doesn’t fully reflect your current situation which is why we even consider giving bad credit loans.
Repay in affordable amounts: If you take out a 6 month 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 6 month loans?
High Interest Rate: Interest rates are usually higher than bank loans.
Missed Repayments: Since a 6 month loan is a type of short term loan, missed repayments can affect your credit score negatively.
FAQs - 6 month loans
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Will a 6 month loan affect my credit file?
To help with our lending decision, we’ll check your credit file when you apply. This will leave a footprint on there. We’d be irresponsible if we didn’t check.
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How do I make my monthly repayments?
We can take the monthly repayments out of your bank account each month. If you prefer to make the repayments yourself, you can. By logging in to your account, you can make payments there.
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What if I’m having financial problems?
Always get in touch with us if you’re having financial problems with your 6 month loan repayments. Log in and chat with us online or call us. We’re here to help.
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