Loans like lending stream

Fines for defaulting on the repayment

An initial arrears fee of £12 will be charged if we are not able to collect the amount you owe on the repayment dates. If this persists an additional default fee of £10 will be charged. Interest will also continue to accrue on your outstanding loan amount.

Lending Stream Alternative


Loans like lending stream

The amount you need to repay us will depend on two factors:

The amount you borrow from us

We have created 4, 5 and 6 pay cycle loans based on the loan amount. These plans are focused on giving you the option of lower monthly repayment amounts. If you’re borrowing £80, your repayment schedule will follow the 4-cycle plan. £120 and £160 loans will follow the 5-cycle plan, while the 6-cycle plan is applicable for loans of £200 or greater. You will have to pay only the interest on the first pay date followed by the monthly interest due (reducing balance) along with a fraction of the principal, which will be split in equal instalments, for the remainder of the term.