Lending Stream Loans | www.lendingstream.co.uk Reviews

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Lending Stream Loans

About Lending Stream Loans

Lending Stream is one of the UK’s most recognisable instalment loan brands. They started out life in 2008 originally as a payday lender, but soon adapted to a fixed 6 month term. It was smart of them to make this change early as when price capping was brought forward many monthly firms quickly made the switch across, but this company already had made up excellent ground in this niche. Maintaining their success hasn’t been easy, with this being one of the most competitive subprime sectors. At the same time you have to factor in that the owner (Gain Credit) has also been busy pushing forward Drafty. These brands make up the Gain’s 370,000+ customer base.

To support growth, there has always been a big push on the advertising front here. Many will be familiar with their TV adverts (a popular one being their Tight Spot ad with the character Lenny). They lend initial amounts of £50 to £800 with a larger reloan cap of £1500. Interest is charged at £279.91 for £300 over their set term. This is an average sector charge. Stream’s operational days have recently been trimmed back to Monday to Saturday. Other than this, Stream’s product hasn’t changed much over the years. As always, they do have some of the largest review counts, especially on Reviews.co.uk at 96% from 26,000+ feedback (Trustpilot has over 16k).

Company Details

Address: PO Box 10756, Leicester, LE3 4GX

Brand: Lending Stream (aka: LendingStream)

Company: Gain Credit Llc (subsidiary of Gain Credit Inc)

Contact (📧): customercare@lendingstream.co.uk

Contact (☎): 020 3808 4440

FCA Licence: 689378

Launched: 2008

Niche: Instalment

Opening Hours: Mon/Fri (9am-6pm), Sat (9am-1pm)

Related Brands: Drafty

Site Address: www.lendingstream.co.uk

Site Rank (Alexa.com Global): #659,694

Product Specs

Amounts Available: £50 to £800 (£1500 on reloans)

Late Payment Fee: £15

Manage: Yes, a Lending Stream login is provided

Pricing: £279.91 /£300 (6m)

Repayment Terms: 6 months only

Review Feedback

Feefo: Not listed

Reviews: 96% (26,000+ count)

Trustpilot: 88% (16,420+ count)

Rivals & Similar Lenders Like Lending Stream

Stream’s previous key competitors were Satsuma and Sunny. Both of which have now closed. As a result it would have been expected for this firm to perhaps become the dominant sector force, but as it stands they sit just outside the top 5 for most visits. There are a few fellow experienced loan providers still floating about. One of these is Mr Lender who themselves have great feedback on Reviews & Trustpilot. They’re performing at a similar level, but there is added flexibility there with 3 to 6 monthly options and the service runs 7 days a week. Before using the company in focus we’d advise seeing if you could get the green light at sister-brand Drafty. The price variation itself is significant at £97.20 there vs £279.91 here.

Last Check @ www.lendingstream.co.uk: July 9th, 2021

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www.lendingstream.co.uk Reviews
Average rating:  
 3 reviews
by Dave on www.lendingstream.co.uk Reviews

It was so easy to apply and quick

by Barbara on www.lendingstream.co.uk Reviews

Excellent service. Very happy!

by Foxxy on www.lendingstream.co.uk Reviews

Can only pick a 6 month repayment. Needs more flexibility and a lower price as well