Same Day Loans for Bad Credit
If you're in need of a same day loan, but have bad credit, Lending Stream might help you. We offer same day loans to those who are looking for small amount to meet any unexpected finance. We know that your credit score might not give a clear picture of your current financial conditions, and this is why we consider you for our same day loans even if you have bad credit.
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?
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 same day bad credit loans?
Same day loans for bad credit are just like same day loans that can be approved and funded even if you have a bad credit.
Suppose you've run into some unexpected expenses, and you need cash fast. Where do you turn? If you have bad credit, your options may be limited. However, there are still some lenders who are willing to work with you - even if your credit score isn't perfect. These lenders may offer you same day loans for bad credit.
Can I get a same day loan if I have bad credit?
At Lending Stream, we believe that everyone should get a fair chance - no matter what their credit score looks like. That's why we consider you for same day bad credit loans.
So, if you're in need of cash fast, and have bad credit, we might be able to help you.
How do I check if I’m eligible for a loan with Lending Stream?
If you are looking to apply for a same day bad credit loan with Lending Stream, then you need to check your eligibility first. To apply with us you must:
We might also ask you to show us your job and income proof as we need to check if you can afford the loan repayments on the top of your other financial expenses. We might even verify these details in a discrete way.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
How can I apply for a same day loan for bad credit?
To apply for a same day loan for bad credit 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 you have submitted your application to us, we will run a credit and affordability check on your profile. If you are approved for the loan, we will transfer the cash to your bank within 90 seconds.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
How long do I have to repay my loan?
If you have taken a loan with us, we will give you 6 months to repay your loan and that too in easy instalments. If you think you can afford to repay early, we are fine with that too. Since our loans are charged at a daily interest rate, by paying early you’ll save money.
No, we don’t charge any extra fees if you repay early.
What if my same day bad credit loan application is rejected?
Being a reputed direct lender, we do check your credit score, but this isn’t the only thing we check. We consider many different factors when reviewing your application.
If your application is rejected and the reason of denying is the information which we receive from any of the credit reference agencies, then we’ll let you know the name of that credit reference agency and you can then check your file with them if you want to.
What are the advantages of same day loans for bad credit?
Fast Cash: If you have an unexpected financial emergency then our same day loans can give you the money you need, mostly on the very same day, if approved.
No Collateral Required: Even if you have a bad credit, we will consider you for same day loan although we don't require any collateral such as your house, cars, and other assets.
You May Get a Same Day Loan with Bad Credit: We know that your credit score may not reflect your current situation clearly. But we won’t pretend that your credit score isn’t important for us. Therefore, we may lend a bad credit loan to you if we find that you can afford the repayments.
Repay in Easy Instalments: If you are approved for a same day loan for bad credit with us, we’ll give you 6 months to pay back. Unlike payday loans you don’t have to repay all in once.
What are the disadvantages of same day loans for bad credit?
High Interest Rate: Same day loans for bad credit typically come with high interest rates as the lender is giving you money even when you have a bad credit score.
Missed Repayments: Since a same day loan for bad credit is a type of short term loan, missed repayments can affect your credit score negatively.
FAQs – same day loans for bad credit
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Is Lending Stream a same day loans for bad credit direct lender?
Lending Stream is a short term loans direct lender in UK, who might consider you for a loan even if you have a bad credit score.
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Can I get a same day loan for bad credit with no guarantor?
At Lending Stream, we offer same day loans with no guarantor. This means that you won't need someone to co-sign your loan agreement with you.
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Are same day bad credit loans safe?
Lending Stream is authorised by the FCA, and it is completely safe to take a loan from us. Being a responsible lender, we provide loans only if we think that you can afford it.
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