Do you have bad credit or looking for a bad credit loan? Lending Stream could help! We consider every application, even if you have a low credit score. Apply for a bad credit loan of up to £1500.
Representative Example: Given a Representative APR of 1271%, if you borrow £300 over 6 months at 292% p.a. (fixed), you would owe 6 equal repayments of £96.39. You will repay £578.36 in total.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
Representative 1271% APR
Representative Example: Given a Representative APR of 1271%, if you borrow £300 over 6 months at 292% p.a. (fixed), you would owe 6 equal repayments of £96.39. You will repay £578.36 in total.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
Very easy to apply
Very easy to apply, couldn’t have been more simpler to be honest and the money was in my account in less than a minute 10/10
Leona, 18 November 2023
Poor credit rating no problem
Quick and easy to apply
Kim, 25 November 2023
Yes, you can. At Lending Stream, we understand that bad credit can happen to anyone. We believe people are more than just their credit score, which is why we consider people with bad credit too.
Before applying for a bad credit loan, make sure to research different lenders and compare the interest rates and terms before applying.
Lending Stream has been helping customers in the UK since 2008. Since then, we have helped over 1 million people with their financial needs by lending over 4 million loans. We’re an FCA-authorised and regulated direct lender, with authorisation number 689378. Responsible lending is our biggest priority, and we want to ensure our customers’ experience is great.
We believe in ensuring that you are fully informed about the costs, fees, and repayment terms of our loans. To achieve this, we have taken great care to present all charges, including interest rates and fees, upfront. No hidden costs or unwelcome surprises – everything is clear and easy to understand.
Bad credit loans are loans designed for individuals with a less-than-perfect credit history. These loans can provide a lifeline for those facing credit challenges, offering access to funds when traditional lenders may decline their applications. With these loans, borrowers can meet their immediate financial needs.
Yes! We understand that traditional lenders often reject loan applications from those with bad credit histories. But we do things differently here. We consider every application, and don’t reject your application just based on your credit score.
They work just like any other loan but with a few main differences. Whether you are looking for bad credit loans or very bad credit loans from direct lenders in the UK, all reputed and FCA authorised direct lenders will consider a few factors, such as your age, employment status, and income, to check your eligibility.
At Lending Stream, we understand that life can be unpredictable which is why we consider lending to those with a poor credit loan. We consider factors like affordability, credit score, age, nationality, income, and employment status to check your eligibility.
If you are looking to apply from any reputable bad credit loans direct lenders in the UK, it is important to first check your eligibility with them. If you are looking to apply for a bad credit loan with Lending Stream, then you must:
We might ask you to show proof of your income during our application process. We do this to see if you can afford the loan repayments.
Even if you are eligible for a bad credit short term loan, you should only borrow what you can afford to repay. Failing to repay a loan can negatively impact your credit score and make it harder for you to get approved for a loan in the future.
At Lending Stream, you can apply for a bad credit loan through our website. All you have to do is fill out our online application form and give us the following information:
Once your application is received, we will carry out a credit and affordability credit check on your profile. If approved, we will send the approved amount to your bank within 90 seconds.
At Lending Stream, we lend you as little as £50 to help you through a cash emergency. We could even lend you a loan amount of up to £1500 (a maximum of £800 for new customers) if we can see that you have a good loan repayment history (and you can afford it). However, some specialist lenders may offer higher credit amounts if you have a co-signer or collateral to secure your loan.
If you have bad credit and need a loan, there are several types of loans available in the UK that can help.
When choosing a loan, it’s important for you to consider the interest rates, repayment terms, and any other fees associated with the loan.
These loans can benefit those who have struggled with their credit in the past and have been turned down by traditional lenders. This may include people who have missed payments or defaults or have County Court Judgements (CCJs) on their credit history.
Additionally, these loans can be a helpful option for those who need quick cash (once approved) but don’t have collateral to secure the loan. However, it is important to carefully consider your options and ensure you can repay the loan, including any interest and fees.
A bad credit loan can be used for various purposes, including urgent home improvements, car repairs, medical bills, and unexpected expenses. These loans can also be used to rebuild your poor credit history by making timely repayments.
However, it is important to consider the cost of the loan carefully and whether it’s the best option for your financial situation.
When you apply for a bad credit loan, the lender will likely run a credit check as part of their assessment process. This will involve checking your credit history and credit score to determine the level of risk involved in lending to you. This credit check can impact your credit rating, as it will leave a mark on your credit report.
However, the impact will vary between a soft credit check and a hard credit check. But, if you make your payments on time and in full, it can also help to improve your credit score.
If you already have an account with us, you can log in and chat with us through there. Otherwise, you can get in touch on our Contact Us page. If you prefer, you can call us on 0203 808 4440#. We’re open from 9 am to 6 pm, Monday to Friday, and 9 am to 1 pm Saturdays.
The easiest loan to get with bad credit may depend on individual circumstances and lenders’ criteria. However, some options to consider could be payday loans or instalment loans from specialised lenders who serve to individuals with poor credit history. It’s important to note that these loans often come with higher interest rates and fees. So, it’s important to carefully consider the terms and affordability before proceeding.
Reputed lenders do not offer bad credit loans without credit checks. They prioritise responsible lending practices and comply with FCA regulations, which require thorough affordability assessments. It is important to work with reputable lenders to ensure fair lending practices and to have the opportunity to rebuild credit history through responsible borrowing and timely repayments.
A poor credit score makes it more difficult to get a loan because lenders consider it a higher risk to lend money to someone with a bad credit history. They are less likely to approve a loan application from someone with bad credit or may offer less favourable terms, such as higher interest rates or lower loan amounts.
At Lending Stream, we’ll send the cash to your bank in under 90 seconds if approved. However, times may vary between lenders.
Yes, it may be possible to borrow money even with very bad credit. There are lenders who specialise in this. We understand that having very bad credit can make it challenging to get approved for a loan. This is why we consider factors like affordability, credit score, age, nationality, income, and employment status to check your eligibility.
Very good company
Very good company, it's easy to fill out the application, everything is written well and clearly and the money is quickly in your account. The company is worth recommending
Grzegorz Komajda, 24 November 2023
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