Cash Loans
Need a cash loan? Unexpected expenses can pop up at any moment. That’s why Lending Stream offers cash loans. Apply online today and if approved, the cash will be sent to your bank within 90 seconds*.
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 Cash Loans?
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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 cash loans?
Cash loans are short term loans designed to provide quick financial relief for unexpected expenses like car repairs, home appliances repair, or other urgent needs. Unlike a standard personal loan, cash loans are typically unsecured, meaning you don’t need to provide any assets as security.
Online cash loans are easy to apply for and often come with fast bank transfers, allowing you to access money immediately. Most lenders, including Lending Stream, focus on affordability checks and not just your credit scores. This makes these loans a practical solution for those with bad credit too.
How do cash loans work?
With quick cash loans, you borrow a small amount of money from one of the regulated cash loan providers. The process begins with an online application, and if your cash loan application is approved, the loan amount is transferred directly to your bank account, often on the same day. Cash loans are designed to be repaid quickly, usually within a few months.
You repay the loan, along with interest, in monthly or weekly instalments until your outstanding cash loan is cleared. With Lending Stream, we give you 6 months to repay your loan, along with the interest. If you want to repay early, you can do that without any extra or hidden fees and save on interest.
Eligibility for a cash loan with Lending Stream
If you are looking for emergency cash loan with Lending Stream, first check your eligibility. For a loan with us you must:
- Be a UK resident
- Have an active UK bank account
- Have a valid debit card
- Be over the age of 18+
- Should 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 to apply for a cash loan with Lending Stream?
Applying for cash loans with us is an easy process. You need to fill out our online application form and give us the following details:
- Enter your personal details
- Choose the amount you want to borrow with us
- Provide us with your employment, salary, expenses, and banking details
Once we receive your application form, we will run affordability and credit checks on your profile. If approved, we’ll send the cash to your bank within 90 seconds. It may take longer to reach your account depending on your bank’s processes.
Representative 1271%APR
What can I use a cash loan for?
A cash loan can be used to cover an unexpected financial emergency. Below we’ve listed some of the reasons:
- Emergency expenses: You can manage unexpected costs like emergency home repairs, car repairs and other unexpected financial needs.
- Repairs: Whether your car needs new brakes, or your washing machine needs a repair, a cash loan can help.
- Short term cash flow: You can even use a cash loan to cover a temporary gap between income and expenses. In might help you smooth things over
When considering a cash loan, make sure to check the interest rate, monthly repayments, and loan terms. When you borrow money you should make sure to only borrow what you need, and ensure you can comfortably make the repayments on time. It’s important to use the money responsibly to avoid any further strain on your finances.
Are fast cash loans right for me?
When applying for cash loans, it is important for you to see if this loan is affordable for you. Cash loans might be a good choice if you know you can make the repayments on time. These loans should not be used as a long term financial solution. They are only helpful when looking to meet unexpected expenses or cash-flow problems.
If you are unable to make payment on your repayment date, your credit score will likely be impacted negatively. This could even make it more difficult for you to take out loans in future.
How quickly can I get a cash loan online?
Getting a cash loan online is often a fast process, designed to provide funds when you need them most. Most UK lenders, especially those regulated by the Financial Conduct Authority, offer an instant decision once you submit your online application form.
If approved, the loan amount is typically sent to your bank account through quick online banking, sometimes within minutes or hours. This speed makes these unsecured loans ideal for handling unexpected bills or urgent expenses efficiently and without delay.
With Lending Stream, if your application is approved, we send the cash to your bank within 90 seconds*. So, if you are looking for same day loans, you can consider Lending Stream.
How much money can I get with a cash loan today?
The amount you can borrow depends on the lender and your personal circumstances. Many cash loan providers offer amounts ranging from £50 to £1000. The amount you can borrow will be influenced by your credit file and affordability checks completed by the lender to ensure you can manage the repayments comfortably.
With Lending Stream, we offer from £50 – £800 for new users and from £100 – £1500 for existing customers.
What are the advantages of cash loans?
- Fast cash: Instant Cash Loans, decisions are usually fast, and many lenders transfer the cash to your bank quickly.
- No collateral required: In most cases when you apply for a cash loan, you don’t have to risk possessions. Your assets (including home and car) won’t be part of the loan agreement.
- You may be eligible for a cash loan with bad credit: There are lenders who don’t just rely on your credit score. A credit score is important, but you might be able to get a cash loan with poor credit history too. Lenders will look at your credit score, but they’ll also take into account your ability to repay.
- Repay in affordable amounts: If you have taken a cash loan with Lending Stream, we’ll give you 6 months to pay it back. You need to pay back the loan amount along with daily interest, so you can save money by repaying early. We don’t charge any extra fees except for late repayment fees.
What are the disadvantages of cash loans?
- Higher interest rate: The interest rates on cash loans today can be higher than mainstream personal loans from banks.
- You might end up paying back more: The longer you borrow for, the more you’ll be likely to repay. This can end up more expensive than a payday loan. When you take out a loan with Lending Stream, you can repay early to save on interest. We’ll never charge you extra for early repayments.
FAQs – cash loans
Will I get physical cash with cash loans?
Cash loans are typically paid directly into your bank account via a bank transfer rather than in physical cash. This process is faster and more secure, ensuring you receive funds quickly to handle unexpected bills or emergencies. Most UK lenders use this method to provide instant access to money without delays or complications.
How can I borrow cash instantly?
You can apply for a cash loan online and get a decision in seconds. If approved, you’ll receive funds in your bank account usually within hours. Lenders like Lending Stream offer quick and convenient loans with instant decisions. If approved, we’ll send money to your bank within 90 seconds. It may take longer to reach your account, depending on your bank’s processes.
Can I get cash loans with bad credit?
Yes, some lenders offer cash loans for people with bad credit. Although it’s worth remembering that bad credit cash loans might be more expensive than other loans. At Lending Stream, we offer loans for bad credit. We may still approve a loan even if you have a low credit score, as long as you can afford the repayments on top of your other financial commitments.