Emergency loans can provide quick financial relief during unexpected emergencies. At Lending Stream, we offer emergency cash loans that can help you cover expenses when you need it most. With a simple online application process, we can provide you with the funds you need in a few seconds (if approved). We consider people with bad credit.
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.
At Lending Stream, we’ve been proudly helping customers in the UK since 2008. In fact, we’ve helped over half a million customers with their financial needs by lending over 2.5 million loans. We’re an FCA authorised and regulated direct lender, with authorisation number 689378. Responsible lending is our biggest priority.
Emergency loans are short term loans designed to help during a financial emergency. These loans provide quick access to funds for unexpected expenses like urgent car repairs, bills, or other financial emergencies. Typically, emergency loans are offered by direct online lenders, or credit unions, Providing a simple loan process, fast decision and minimal paperwork.
These loans are especially helpful for individuals who need immediate funds and may not have access to savings or other resources.
Emergency loans work similar to other short term loans. These are usually needed by individuals who are in need of money urgently.
Here’s how they work:
If you are looking for an emergency loan with Lending Stream, first check your eligibility. For a loan with us you must:
During our application process, we might ask you to show proof of your income. As a responsible lender, we do this to ensure that you can comfortably afford the loan repayments.
Representative 1271%APR
Applying for emergency loans with us is an easy process. You need to fill out our online application form and give us the following details:
Once we receive your application form, we will run affordability and credit checks on your profile. If approved, we’ll send the cash to your bank within 90 seconds*.
Representative 1271%APR
With Lending Stream, you can borrow emergency loans ranging from £50 to £800 as a new customer and from £100 to £1500 if you’re an existing customer. The loan amount depends on your financial situation and eligibility. If approved, we’ll send the money to your bank in under 90 seconds*. If you want to repay early, you can.
You can save money on interest by repaying early. We don’t charge any extra fees if you make the repayments early. We believe in ensuring that you are fully informed about the costs, fees, and repayment terms of our loans. With us, there are no hidden fees or unwelcome surprises.
An emergency loan should only be used to meet urgent financial needs or unexpected expenses. You can consider using this emergency money for:
Technically there are no restrictions on what you use your emergency loan for. But it’s important to note that they’re mainly used for short-term financial emergencies
At Lending Stream, we don’t guarantee approval. We approach each application separately, based on your ability to repay. Your application may be declined, even if you were accepted for a loan with us in the past.
Our customer service representatives won’t have access to information about credit decisions. So, they won’t be able to tell why you weren’t approved. If your application is rejected based on the information, we receive from one of the credit reference agencies then we’ll let you know the name of the credit reference agency by email. You can check your credit file with them directly.
Our emergency loans offer more flexibility and affordability compared to traditional payday loans. Unlike payday loans, which require full repayment on your next payday, our loans give you 6 months to repay in monthly instalments. This reduces financial strain and helps you budget effectively.
To borrow money in an emergency, apply for a loan online with a direct lender. Provide the requested details. Lenders usually offer quick decisions. If approved, they’ll send the cash to your bank account within a few minutes or hours. You can use that cash for unexpected expenses such as bills, car repairs, or other financial emergencies.
Yes, many lenders offer same day loans. By applying online, you can often receive decision within seconds. If approved, the lender will send the funds in your bank account within hours, depending on business hours.
Yes, it’s possible to get an emergency loan with a bad credit score. At Lending Stream, we know that your credit score doesn’t always reflect your full circumstances and may not represent your current financial situation. If you can show affordability and meet our eligibility criteria, you may qualify despite having a poor credit history.
We currently do not offer loans to individuals who are self-employed. Our eligibility criteria require applicants to be employed with a steady income of at least £400 a month. If you meet our other requirements, such as being a UK resident with a valid bank account, you can apply for a loan.
At Lending Stream, we are unable to provide loans to individuals whose sole income is from benefits payments. Our loans are designed for those with regular, verifiable employment income. If you meet our other eligibility criteria, we encourage you to explore our quick and transparent loan process for urgent financial needs.
Sometimes, people do refer to emergency loans as crisis loans. Both terms describe short-term financial help for urgent financial situations. Crisis Loans were provided by the government, but they are no longer available. You may be eligible for government assistance through a Budgeting Loan if you’ve been on certain benefits for 6 months.