Cash Loans
Need a cash loan? Unexpected expenses can pop up at any moment. That’s why Lending Stream offers quick and hassle-free 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 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 cash loans?
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 cash loans?
Cash loans, also known as short term loans, can help you to cover your unexpected expenses or a temporary cash shortfall you may be facing. These unsecured loans are typically meant for small amounts, ranging from £50 to maybe £1,000.
Usually, a cash loan is borrowed for a short period of time and is meant to be repaid as quickly as possible to help you save money on interest. If you have applied for a cash loan with Lending Stream, you can pay it back in 6 monthly instalments.
How do cash loans work?
With cash loans, you borrow a small amount of money from a reputed direct lender which you need to repay, along with interest, from your next payday in monthly or weekly instalments. This is why some people also refer to cash loans as payday loans – even if most loans like this are actually repaid over several months.
Cash loans are designed to be repaid quickly, usually within a few months, although some lenders may allow you to repay the loan over a longer period. With Lending Stream, we give you 6 months to repay your loan, along with the interest.
What can I use a cash loan for?
A cash loan is a good option when you are in need of some quick cash to cover an unexpected financial emergency or a temporary cash shortfall. Below we’ve listed some of the reasons that people in the UK are using cash loans:
- Emergency car repairs: Your car can break down anytime unexpectedly and, if you are low on cash or savings. A quick cash loan can help you to cover the cost of repairs and get you back on the road
- Medical expenses and unexpected bills: If you have an unexpected medical expense, like a dental emergency or require specialist treatment an instant cash loan can help you pay for it
- Home improvements: Cash loans can help you when it comes to some urgent home repairs or renovations which can’t be neglected like fixing a leaky roof
- Rent or mortgage payments: When people struggle to make ends meet and need some financial help to cover the rent or mortgage payment, an emergency cash loan might help them avoid the late fee
How can I check if I’m eligible for a cash loan in UK?
If you are in UK and looking for a cash loan, the first step is to check whether you are eligible for a loan. Below are some factors that lenders in the UK take into consideration when evaluating your loan application:
- Nationality: You must be a UK resident in order to be eligible for a cash loan in UK
- Age: You must be 18+ to be eligible for cash loans in UK
- Income: To be eligible for a cash loan, you should be in a regular employment with a regular income
- Affordability: Before approving your loan application, any reputed direct lender will ensure that you can afford the loan repayments without having any financial difficulty
- Credit history: Having credit history will give the lenders a view on your ability to repay the loan. If you have a bad credit score, you may still be eligible for a loan, but the interest rate might be higher
If you are looking to apply for a quick cash loan with Lending Stream, then 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
During the application process with Lending Stream, you may also need to show us that you have a regular income, and you can afford the repayments with all your existing financial commitments. In some cases, we may need to be verify these details (although this will be done discreetly).
How to apply for a cash loan in UK?
If you are looking to apply for a cash loan in the UK, here are a few easy steps to get you started.
- Find a lender: Look for a lender who offers cash loans, is authorised by the FCA, and is well known in the UK
- Check your eligibility: Before applying for a loan, check if you are eligible for that loan. Lenders have eligibility criteria which you need to meet to get approved for the loan
- Fill out the online application form: You can apply online for a cash loan by visiting the lender’s website and clicking on the apply now button. This will lead you to their online loans application form which you can then fill out and submit
- Approval decision: Once submitted, you should wait for the decision. Most lenders usually give their decision within a few minutes or hours
Applying for instant cash loans with Lending Stream is an easy and straightforward process. All you have to do is fill out our online application form and give us the following information:
- Choose the amount which you want to borrow with us
- Fill all your personal details
- Provide us with your employment, salary, expenses, and banking details
Once your application is received, we will carry out a credit and affordability credit check on your profile. If your application is approved, we will send the approved amount to your bank within 90 seconds.
Are fast cash loans right for me?
When applying for cash loans, it is important for you to see if this loan is the right choice for your financial situation. While fast cash loans can provide you with a quick access to funds, they usually come with higher interest rates than other traditional loans.
Fast cash loans may be a good choice for you if you need money urgently and you can confidently repay the loan 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 money problems, such as car repairs or medical bills.
If you are unable to repay the loan on time, then you might end up in a bad financial situation which could even impact your credit score. Before applying for a cash loan, it is important for you to assess your financial situation.
How quickly can I get a cash loan online?
If you are looking for quick cash to cover unexpected expenses, then you might be wondering how quickly you can get cash loans online in the UK. The good news is that there are many direct lenders who offer cash loans online and typically give their decision within a few minutes.
Once your loan application is approved, the lender deposits the funds into your bank account within a few minutes or hours or on the same day. This varies lender to lender.
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 cash loans, you can consider Lending Stream.
How much money can I get with a cash loan today?
You may be wondering how much money you can borrow with cash loans? Well, the amount you can borrow with a cash loan today depends on several factors such as your income, credit score, and the lender’s policies.
Generally, most lenders in the UK offer quick cash loans between £50, and £1,000, although the amount will differ from lender to lender.
What are the advantages of cash loans?
Fast cash: If you have an unexpected expense, instant cash loans can give you quick access to the money you need
No collateral required: In most cases when you apply for a cash loan, you don’t have to risk possessions such as your house, cars, and other assets unlike a secured loan
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 as your credit score doesn’t fully reflect your current situation
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 interest but 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 are usually higher than standard loans like a personal loan
You might end up paying back more: If you have borrowed money for a long period of time then you might end up paying more on interest than you would with a payday loan. When you take out a loan with Lending Stream, you can repay your loan amount early without being charged for early repayments and save money on interest
Contact us – Lending Stream
If you already have an account with us, you can log in and chat with us through there. Otherwise, you can get in touch on our contact us page.
If you prefer you can give us a call on 0203 808 4440#. We’re open from 9am to 6pm Monday to Fridays, and 9am to 1pm Saturdays.
FAQs – cash loans
How can I borrow cash instantly?
You can apply for a cash loan online and get a decision in minutes. If approved, the money will be transferred to your bank account within hours or on the same day. Lenders like Lending Stream offer quick and convenient cash loans with instant decision and money sent to bank within 90 seconds, if approved.
Can I get cash loans with bad credit?
Yes, some lenders offer cash loans for people with bad credit. These fall under bad credit loans which is why the interest rates may be higher than those who have a good credit score. At Lending Stream, we consider people with bad credit too and may still approve a loan even if you have bad credit, as long as you can afford the repayments.
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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