Lending Stream

Lending Stream is one of the premium providers of quick loans in the country. They advertise a totally faxless policy. How it works is that first you take 5 minutes to fill the online application form and receive preliminary loan decision. After an approved application you sign an electronic agreement, after which the final loan decision is made and money is wired over to your bank account. The electronically signed agreement is as valid as a traditional document.

Lending Stream

Lending Stream

Same day express (CHAPS) transfers are available at an extra charge of £15. Otherwise you might have to wait as long as three working days for the regular BACS transfer. Credit checks are conducted at Lending Stream but a poor credit history does not mean automatic rejection.

A downside of Lending Stream is that you have to be on a monthly salary of at least £750. You will have to look for another lender if your salary is paid weekly or you are self-employed. Be sure to uncheck the option on the application form for Lending Stream to pass on your information to other providers if you do not want advertising messages in your mail box and cell phone.

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