ABOUT LENDING STREAM- Lending stream is an established lending service, who offer quick and hastle free loans until payday. Lending stream tend to lend to those with bad debt and other less than perfect credit histories During our lending line review we have applied for 10 loans for differing amounts and with details of volunteers who have a wide range of lending histories and differing credit ratings. THE APPLICATION PROCESS- Applying for a lending stream loan is a quick and easy process, generally you can apply for this loan online and without the need for further paperwork being submitted for review by the company. MAXIMUM LENDING STREAM- The maximum loan that you can take out at any one time form the lending stream is £1000, however new customers a re limited to a maximum loan of £400 – each applicants lending amount is reviewed on a monthly basis and having a history of repaying loans to lending line on time will increase your chances of being offered the maximum loan on the next occasion that you apply. LENDING LINE STREAM REPAYMENT- All loans from the lending stream will need to be repaid within the term of the loan- as the majority of lending is agreed over a set period, that is generally on the date that you next expect to be paid by your employer ( your payday). You can apt to have a longer repayment term of up to 6 months, and your charges will reflect this , to have the term of your loan extended you will need to pay a monthly charge – this charge will be noted when you apply. All of the debt will need to be repaid on the date that you have agreed in full. LENDING STREAM CHARGES AND COSTS- As with all UK abased lenders the company is required to give potential customers details of the interest they will be expected to pay as an ANNUAL PERCENTAGE RATE ( APR) however you do need to bear in mind that the loan is not going to be over a year so the APR of 1397.58 may seen a little misleading. YOU BORROW YOU REPAY £80 £100 £100 £125 £200 £250 £300 £375 £400 £500 £500 £625 £600 £750 £750 £937.50 TOTAL YEARLY APR = 3093% EXTEND LENDING LINE LOAN- As we have already mentioned, unlike many other payday loan providers, the lending stream offer customers the ability to chose a longer period than most others when repaying money that you have lent. LENDING STREAM LENDING CRITERIA To make and application online you will need to fit into the following group You must be 18+ You must have a steady income of £750 / Month You must have a UK bank account Your bank account must have a Direct Debit facility FURTHER REQUIREMENTS During our review, we did not note any further requirements that are needed for this service. CHANCES OF A LENDING STREAMLOAN We applied 10 times to this site during our lending Stream review and of the 10 applications that we made 7 were successful, this gives the site an overall score of 70% acceptance on new applications.