Lending Stream user reviews and company details
Tel: 0203 564 7028
Lending Stream LLC
2A Camrose Avenue
About the company
Lending stream provides Payday loans from £50 to £800 which are intended to be paid back every month over a 6 month duration. Applications are taken 24/7 and even operate during bank holidays. As part of their guided legislation it is recommended that all customers clear their loan balance asap to save on interest charges, you can easily monitor these via your personal client area.
Lending Stream has provided Payday loans since 2008 and is fully legislated to carry out this service with the governing bodies BCCA and CCTA. As part of our duties as a lender we analyse clients to ensure your able to repay any loans taken in a timely and efficient manner based upon your credit scores and work history to name but a few.
Founded by some of the persons involved in the development of fraud prevention technology used with around two hundred and a half billion credit cards across all continents, their team comprises of some great minds with a mission statement to empower technology to progress in a meaningful and positive manner in providing resources to aid our clients and customers using mathematics rather than guesstimates.
Having shopped around looking at the various lenders on the market I was unsure which way to turn, their all boasting variable APR's which lets face it is very confusing, overall I wish they would organise this area moreso making it easier to understand... that being said I did speak to a lending stream representative on the phone and they were far more efficient than most at explaining the varied costs involved and potential pitfalls, basically all was put across in a transparent manner and I felt obliged to proceed with them as my loan provider for this reason.
Overall as Payday lenders go I was satisfied with the service I received, yes the loan amounts may appear excessive but the amounts actually paid back aren't as bad as they initially appear, put it this way if I didn't get the money when I needed it would have cost more paying the parking fees that were about to be escalated to the bailiffs.
I had not taken a Payday Loan before thankfully and would certainly avoid doing so again in future, however i was more than satisfied with this lender. Their call center staff are helpful and understanding and even arranged a repayment plant that worked around my wage to ensure excessive debts were not incurred when I could make the agreed payment date.
Unfortunately I have not learnt my lesson and continue to take out loans, in the past I have owed money to multiple lenders at once. Having used 5 of the largest lenders on the marked I have to say the APR of LS is more but their payment terms and customer service exceeds many others.
Being a single mum I often get caught short when bills are issued, I would like to pay them all on time of course but sometimes they do not fall inline with my pay days, for this reason on numerous occasions I have taken a loan out with LS who are more flexible than other lenders.
Like many others I have been caught short on paying bills, I don't mind admitting it and the fact that I would rather take out a Payday Loan than damage my credit rating, getting the loan I so desperately needed fast is essential and lendingstream.co.uk hasn't failed me yet.