Lending Stream Loan Alternative
Are you looking for a short term loan or a Lending Stream loan alternative but you’re not sure where to turn? Here at LoanPig, we can provide you with all of the help that you need. Below are a few details about the differences between taking a short term loan out with Lending Stream or a short term loan out with LoanPig, your Lending Stream Loan alternative.
Frequently Asked Questions
Lending Stream are a short term loan lender. They are a part of GAIN Credit LLC, a subsidiary of GAIN Credit, INC. You can apply for a loan either online or through the app.
Yes, you can. At LoanPig, we offer payday and short term loans to individuals who are looking for short-term cash. We can provide you with all the help that you require.
You can get a Lending Stream alternative loan from LoanPig. As a direct lender, LoanPig offers short term loans that are suitable for a range of different needs.
Who are Lending Stream?
Lending Stream is a short term loan lender. Lending Stream is part of GAIN Credit LLC, a subsidiary of GAIN Credit, Inc. They give you an alternative to payday loans, you choose a payment period of between two to six months to repay in instalments. They allow you to apply for a maximum £800 as a new customer, or if you have had a loan with them before then the maximum loan is set at £1,500. Lending Stream allows you to apply either on their website or through their app.
Their attitude, like LoanPig’s, is that short–term credit can be a good thing if used responsibly and is available to help you out when you need it the most. They also believe, like LoanPig does, that having financial problems in the short term doesn’t automatically mean you’re bad with credit and that each loan application is considered on its individual merit.
How does LoanPig compare to Lending Stream?
LendingStream offer loans upto £1500. You can apply for up to £800 as a new customer, or up to £1,500 as a returning customer. They don’t offer loans under 60 days. Early prepayment options that are available are not associated with any fees or cost. Maximum APR 1721.0%. Given a Representative APR is 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed) you would owe 6 equal repayments of 64.44. You will repay 386.61 in total, there are no additional fees
LoanPig’s Representative example when you borrow £300 over 3 months @ 292% pa (fixed) Total repayment: £457.95 in 3 monthly payments of £152.65. Representative 1261% APR. Loan duration 1-12 months and fixed APR 292%, but this can vary dramatically when you choose the number of months you wish to repay the loan.
How Much Would You Like?
Alternatives to Lending Stream
Doing your research can help you to make the right decision. You are restricted in your choice of payment period which is fine if you are looking for a loan over 6 months, whereas LoanPig can offer you between 3-12 months. You are restricted as a new customer with Lending Stream as they will only allow you to borrow upto £800, whereas LoanPig and it’s short term lenders can offer you upto £1500 on your first application.
Whether you’re looking for a payday loan, a short term loan, or you’re simply searching for a range of different options before you make your decision, you can be sure to find all of the information that you need right here at LoanPig.
Payday Loans like Lending Stream
It’s now up to you. We believe that LoanPig offers an excellent short term loan alternative to Lending Stream loans. We are a premium direct lender and broker offering quick loans between £100 and £1500. Make sure the lender you choose is FCA-authorised, then you’ll know you’re in safe hands. LoanPig is a fully authorised direct lender and a broker.
As an online direct lender, our process is quick and smooth. Which means you can get funded in as little as 1 hour after applying, if approved of course. Our services have already helped thousands of people across the UK, some of which had bad credit!