Billing itself as an alternative to payday loans, Lending Stream offers loans that you repay over six months.
Spreading the cost of borrowing can be an appealing option, but it does normally make for a higher overall cost even if your monthly payments are lower. However, with Lending Stream, you can repay early at any time, without penalty, and only pay interest for the days you borrow.
If you select a loan term below six months, our calculator can give an estimate of what you’d need to pay each month to clear the loan in your desired time frame. Just bear in mind that despite tighter regulation, these loans remain an expensive option, so you should aim to pay them off as soon as you can.
Please note: High-cost short-term credit is unsuitable for sustained borrowing over long periods and would be expensive as a means of longer-term borrowing.
Lending Stream loans calculator
How do Lending Stream’s loans compare against the competition?
Before you take out any loan, it’s smart to read up and shop around. You can use the table below to see how much you’d be likely to pay for the loan you have in mind with a range of popular lenders.
We compare payday/short-term loans from